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

$XRP Remains in the Red After Its Rebound

$XRP and dogecoin were the only two coins showing average losses in Santiment’s Sept. 23 comparison of five crypto tokens: $XRP, dogecoin, bitcoin, ether, and chainlink. The analytics firm’s comparison of five major cryptocurrencies shared on X placed $XRP at minus 11.75% and dogecoin at minus 19.26%. Bitcoin, ether, and chainlink were slightly above zero. Santiment used 365-day market value to realized value (MVRV), which compares the current value of coins that moved within the past year with their value at acquisition price.

The $XRP reading remained negative even after the token’s recent price surge. $XRP rose above $1.60 on Sept. 22, while Santiment counted 1,917 large transactions and 3,647 new wallets. The price increase raised the current value of $XRP, but it was not enough to bring the coins in Santiment’s yearlong calculation back to their average acquisition value.

Santiment views those remaining losses as a potentially favorable setup if demand improves. The firm wrote:

“Buying during that pain has historically offered better long-term setups.”

Its reasoning is that when most holders already sit on losses, fewer traders hold profits they could sell. A negative reading, however, measures current paper losses; it does not predict a price increase.