Unrealized Losses Hit $50 Billion for XRP Investors as Token Struggles Under $1.40
With XRP at $1.35, approximately 60% of its total circulating supply now sits in loss territory, while ETF redemptions and bearish market sentiment continue to weigh heavily on buyers during this downturn.
On Monday, XRP (XRP) changed hands at $1.35, representing a steep 63% decline from the cryptocurrency's multi-year peak of $3.66 achieved in July 2025. This substantial downturn has left numerous XRP investors holding considerable unrealized losses, highlighting the inherent dangers that cryptocurrency market participants face during bearish market conditions.
Key takeaways:
- A steep 63% decline from XRP's multi-year peak of $3.66 has resulted in more than $50 billion worth of unrealized losses for token holders.
- Critical XRP price points to monitor in the near term are $1.40, $1.30 and $1.27.
More than 60% of XRP's circulating supply trades below breakeven
The XRP/USD trading pair currently sits 28% beneath its yearly opening price of $1.87, continuing to decline after finishing 2025 with an 11.6% loss. This sustained downward pressure has resulted in a substantial amount of the token's supply trading at a loss.
At the current trading price of $1.35 as of this writing, approximately 36.8 billion XRP tokens are presently being held at a loss, which amounts to $50.8 billion in unrealized losses, accounting for over 60% of the total circulating supply, based on information from Glassnode.
The current spot price for XRP has also fallen beneath its aggregate cost basis for holders, which stands at $1.44 presently, indicating that those holding the token for extended periods are facing mounting financial pressure.
Investors in spot XRP exchange-traded funds are similarly experiencing financial strain. Information from SoSoValue indicates that these market participants are pulling back their exposure to such investment vehicles, with withdrawals recorded across two consecutive trading days amounting to $22.8 million in total.
Friday saw more than $16.2 million in net redemptions, representing the most significant withdrawal activity since Jan. 29, a date when spot XRP ETFs experienced $93 million in outflows.
This risk-averse market sentiment is similarly reflected in worldwide XRP investment products, which saw over $30 million in net redemptions throughout the week that concluded on March 6.
Critical XRP price points to monitor beneath the $1.40 threshold
The XRP/USD currency pair has maintained trading activity within a defined range, facing resistance at the $140 level while $1.30 represents a crucial support threshold that buying pressure must defend to avoid additional losses.
Currently, the price is undergoing a retest of the range's lower boundary, as illustrated in the accompanying chart.
"Should purchasing interest emerge at this juncture, XRP could experience a rotation back toward the upper boundary of the range," according to analysts at CryptoPulse, who further noted:
"If this level breaks, the range structure starts to shift and price could look for lower levels."
A particularly significant zone to monitor exists between $1.30 and the recent local bottom of $1.27 established on Feb. 28. Should the price breach this support zone, the subsequent downside target could be the Feb. 6 low of $1.13, a level that also corresponds with the 200-week exponential moving average (EMA).
From a bullish perspective, market participants are presently concentrating on converting the 200-week simple moving average (SMA) into a support level at $1.40.
The UTXO realized price distribution (URPD) from Glassnode, which displays the average acquisition prices at which ETH holders purchased their coins, identifies a significant concentration at the 200-week SMA, where market participants accumulated $1.28 billion worth of XRP.
According to prior reporting from Cointelegraph, XRP's price has the potential to climb toward $1.60 and subsequently $1.95, provided that the $1.40 support level is successfully recaptured.