XRP Average Long-Term Trader Still Down 11.75% After Rebound

Santiment’s latest analysis shows that the average unrealized return for XRP holders active over the past year remains negative, despite a recent price rally.

Key Findings

• Average 365‑day unrealized loss for XRP stands at ‑11.75%.
• Dogecoin recorded a deeper loss of ‑19.26% in the same period.
• Bitcoin, Ether and Chainlink posted modest positive averages.

Methodology

Santiment uses the market‑value‑to‑realized‑value (MVRV) metric, comparing the current market value of coins that moved within the measurement window to their acquisition price. The September 23 snapshot covered five tokens: XRP, DOGE, BTC, ETH and LINK.

Recent Price Action

XRP rose above $1.60 on September 22, driven by 1,917 large transactions and 3,647 new wallets. The price increase lifted the current market value but was insufficient to bring the 365‑day MVRV back to breakeven.

Interpretation

Santiment notes that a negative MVRV indicates most holders are underwater, which could reduce selling pressure if demand improves. The firm cautions that the metric reflects paper losses and does not forecast price direction.

Short‑Term vs Long‑Term Views

In May, a 30‑day MVRV for XRP showed an average loss of about 47%, reflecting a different cohort of recently active coins. The September 365‑day figure cannot be directly compared to that shorter‑term metric.