XRP shows signs of 'market capitulation' as investors sell at a loss

XRP holders are selling their holdings in large quantities at a loss, a phenomenon known as capitulation, CoinDesk reported, citing Glassnode data. The 90-day moving average of XRP's realized profit-to-loss ratio stands at 0.38, indicating that the majority of volume traded on-chain is below its acquisition cost. This ratio had reached as high as 50 during its 2025 peak. CoinDesk added that a realized profit-to-loss ratio below one is considered a classic signal of market capitulation. XRP is currently trading around $1.11, down approximately 40% since the beginning of the year.