XRP holders who scooped up tokens above $2 in the last year now bleed cash at an alarming rate, realizing losses between $20 million and $110 million every day since November 2025. This capitulation wave strikes as the cryptocurrency's price lingers at $1.33, plunging the percent of supply in profit to just 43.4%—a grim milestone not seen since July 2024.

Market Pressures Mount on Ripple's Token

Regulatory scrutiny and broader cryptocurrency market volatility hammer XRP, echoing the downturns that gripped digital assets in late 2025. Investors accumulated heavily during fleeting rallies above $2, only to watch values erode amid global economic headwinds and shifting investor sentiment toward safer assets like Bitcoin.

Glassnode data reveals over half the XRP supply sits underwater, forcing sales that exacerbate the slide. This loss realization pace underscores strategic shifts, as holders pivot to mitigate risks in a regulatory landscape still reeling from SEC battles over Ripple's operations.