XRP Jumps 8% to $1.14 as MVRV Hits Record -47% Loss Signal
Updated
Updated · CoinDesk · Jul 4
XRP Jumps 8% to $1.14 as MVRV Hits Record -47% Loss Signal
1 articles · Updated · CoinDesk · Jul 4
Summary
XRP rose about 8% over seven days to roughly $1.14 even as onchain data showed holders sitting on the deepest unrealized losses in the token’s history.
Santiment said XRP’s 30-day MVRV is near -45% and its 365-day MVRV near -47%, a capitulation reading some traders treat as a contrarian risk-reward entry point.
That setup suggests selling from underwater holders may be largely exhausted, with weaker hands having already exited and new buyers absorbing supply.
Santiment stopped short of calling a bottom, warning MVRV shows how washed out positioning is—not when price will turn—and XRP could still fall if the broader market weakens.