XRP Investors Face Difficulties: $50 Billion Worth of Holdings Now in the Red

The latest on-chain data indicates that a significant portion of the XRP supply is now at a loss, reaching historically high levels amid recent market challenges.

Key Takeaways

Current Status: Approximately 36.8 billion XRP tokens are being held at a loss.
Rising Losses: The XRP Total Supply in Loss metric indicates significant losses due to recent market downturns.
Bearish Trends: The cryptocurrency market has entered a bearish phase, contributing to growing investor losses.
Current Pricing: As of now, XRP's price is around $1.35.

XRP

36.8 Billion XRP Tokens Held at a Loss

In a recent update shared on X, the on-chain analytics firm Glassnode revealed that the XRP Total Supply in Loss has surged significantly. This metric tracks the total amount of XRP that is currently at a net unrealized loss.

The calculation works by reviewing the on-chain history of each circulating coin to determine its last transaction price. If the last price is more than the current market price, that coin is considered to be at a loss. The Total Supply in Loss totals all tokens that meet this criterion.

In contrast, the Total Supply in Profit measures the coins whose cost basis is lower than the latest market price. The following chart illustrates the recent trend regarding the 7-day exponential moving average (EMA) of the XRP Total Supply in Loss over the past few years:

XRP Total Supply in Loss The metric has seen an upward trend recently | Source: Glassnode on X

As depicted in the chart, the XRP Total Supply in Loss reached a low point in 2025, but significantly increased in the last quarter as the entire cryptocurrency sector began experiencing a bearish phase. Currently, 36.8 billion XRP tokens are in loss, a notably high figure compared to historical data, with only one prior instance of similar magnitude in this cycle.

Losses in USD Terms

XRP USD Loss Supply The loss supply appears to have decreased recently | Source: Glassnode on X

When expressed in USD, the XRP Total Supply in Loss recently peaked at a level not seen in the past few years during the market decline. This indicates that the capital invested in XRP has significantly increased over time. At present, approximately $50 billion worth of XRP is recorded as being at a loss on the blockchain.

Typically, digital asset markets tend to hit their lowest points when investor pain is at its peak. Given the current loss scenario within the XRP network, it remains to be seen if the coin will find a bottom in the near future.

Current XRP Price

At the time of writing, XRP is trading around $1.35, reflecting a decline of over 0.5% in the last 24 hours.

XRP Price Chart The price of XRP has experienced a downturn in recent days | Source: XRPUSDT on TradingView