XRP Shows Capitulation as Profit-to-Loss Ratio Sinks to 0.38
Updated
Updated · CoinDesk · Jun 10
XRP Shows Capitulation as Profit-to-Loss Ratio Sinks to 0.38
3 articles · Updated · CoinDesk · Jun 10
Summary
Glassnode data show XRP’s 90-day realized profit-to-loss ratio has fallen to 0.38, meaning investors are realizing just 38 cents of profit for every $1 of losses.
That drop signals most coins moving onchain are underwater, a classic capitulation pattern in which exhausted holders sell after a prolonged decline.
The reversal is stark from XRP’s 2025 peak, when the ratio reached 50 and profit-takers outnumbered loss-sellers by 50 to 1.
XRP traded near $1.11 at press time, down nearly 40% this year and well below its July high above $3.60.
Capitulation does not guarantee an exact bottom, but it often appears near the final stages of a bear market.