XRP capitulation don surge as 90-day profit/loss hit 0.38
On-chain firm Glassnode tok say XRP capitulation dey intensify after XRP 90-day realized profit/loss ratio drop to 0.38. E mean say investors dey realize $0.38 profit for every $1 loss (about $2.63 loss per $1 realized profit), well below the 1.0 balance line and near reverse of the ~50 ratio wey show for XRP peak in 2025.
Glassnode link the capitulation signal to weaker demand for XRPL. XRPL fees (90-day moving average) fall from about 5,900 XRP/day in Feb 2025 to ~500 XRP/day, down 91.5%. Loss realization still dey confirmed by SOPR, wey slip from ~1.16 in July 2025 to 0.96 in early 2026, break under the 1.0 breakeven level.
The data still show stress for holders: about 41.5% of circulating XRP (~26.5B tokens) dey held at a loss, and 62.8% of realized cap dey with holders wey enter within the past six months — dem call am “top-heavy” and fragile. Glassnode warn say this confirm the capitulation intensity but no mean say e prove say market don reach durable bottom; traders go dey watch for fee stabilization and easing of loss-driven selling along any rebound.
(For context: XRP dey around $1.11, down nearly 40% YTD and far below the July high above $3.60.)
Neutral
Di news na dis na, na be like confirmation say XRP don capitulate: realized profit/loss don collapse reach 0.38, SOPR don break under 1.0, and plenty of supply dey held for loss. E fit small support later if selling pressure don finish for true. But Glassnode still warn say e no mean bottom don complete, and the 91.5% drop for XRPL fees at the same time show demand/usage still weak. For traders, na mean say chance of more volatility and ‘false bottoms’ short-term don increase, while long-term mean-reversion go only improve if fees stabilize and loss-driven selling ease.