On‑chain data indicates that the average XRP holder is now incurring losses deeper than ever before, a signal that some traders interpret as a contrarian floor.
This figure derives from the MVRV ratio, which contrasts XRP’s current market value against the average price青 at which the coin’s supply last traded.
A negative MVRV indicates that a typical holder is operating at a loss. XRP’s 30‑day MVRV sits near ‑45 %, while its 365‑day figure is about ‑47 %, meaning that recent purchasers and long‑term holders alike are heavily out of the money.
The firm noted that optimal setups often arise when market participants experience maximum pain. Since substantial downside has already materialized, re‑entering poses reduced risk; however, price could continue to decline if the broader market deteriorates.
Despite the persistent depressed MVRV, XRP has advanced, rising roughly 8 % over the past week to around $1.14, according to CoinDesk data, placing it among the week’s stronger major cryptocurrencies.
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