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Crypto Market Analysis

XRP holders face $50B in unrealized losses as it trades below $1.40

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By Anonymous

Created March 09, 2026|2 mins read
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60% of XRP's circulating supply trades underwater at $1.35, with spot ETF outflows and weak sentiment adding pressure on the bulls amid the current slump.

XRP (XRP) traded at $1.35 on Monday, a 63% drawdown from its multi-year high of $3.66 reached in July 2025. As a result, many XRP holders are sitting on significant unrealized losses, underscoring the risks facing crypto investors in bear markets.

XRP’s 63% drawdown from its $3.66 multi-year high has left holders with over $50 billion in unrealized losses.

Key XRP levels to watch in the short term include $1.40, $1.30 and $1.27.

The XRP/USD pair trades 28% below its yearly open of $1.87, extending losses after it closed 2025 down 11.6%. The prolonged weakness has pushed a significant portion of its supply into the red.

Related: XRP faces $650M sell risk as charts hint at prices below $1

With XRP trading at $1.35 at the time of writing, roughly 36.8 billion XRP are currently held at a loss, representing $50.8 billion in unrealized losses, or more than 60% of the circulating supply, according to data from Glassnode.

XRP’s spot price is also below its aggregate holder cost basis, currently at $1.44, suggesting that long-term holders are increasingly under strain. 

Spot XRP ETF investors are also feeling the pressure. Data from SoSoValue shows that these investors are reducing exposure to these investment products, which have recorded outflows for two consecutive days totaling $22.8 million.

More than $16.2 million in net outflows were recorded on Friday, marking the largest redemption since Jan. 29, when spot XRP ETFs saw $93 million in outflows.

The risk-off sentiment is also seen in global XRP investment products, which recorded more than $30 million in net outflows during the week ending March 6.

The XRP/USD pair continued to trade within a range, with $140 as resistance and $1.30 a key support level that the bulls must hold to prevent further downside.

The price is now retesting the bottom of the range, as shown in the chart below.

“If buyers step in here, we could see XRP rotate right back toward the top of the range again,” analysts at CryptoPulse said, adding:

A key area of interest lies between $1.30 and the local low of $1.27 reached on Feb. 28. If the price loses this level, the next stop could be the Feb. 6 low of $1.13, which is also the 200-week exponential moving average (EMA).

On the upside, bulls are now focused on flipping the 200-week simple moving average (SMA) into support at $1.40.

Glassnode's UTXO realized price distribution (URPD), which shows the average prices at which ETH holders bought their coins, shows an important level at the 200-week SMA, where investors acquired $1.28 billion in XRP.

As Cointelegraph reported, the XRP price could rally to $1.60 and then $1.95, if the support at $1.40 is reclaimed. 

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. While we strive to provide accurate and timely information, Cointelegraph does not guarantee the accuracy, completeness, or reliability of any information in this article. This article may contain forward-looking statements that are subject to risks and uncertainties. Cointelegraph will not be liable for any loss or damage arising from your reliance on this information.

Source: CoinTelegraph


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