The XRP market is exhibiting signs of capitulation as holders increasingly sell their assets at a loss, indicating a potential market bottom may be approaching.

XRP holders are capitulating, according to data tracked by Glassnode. That suggests a bottom may be near.

By Omkar Godbole|Edited by Sheldon Reback Jun 10, 2026, 8:24 a.m. 1 min readMake preferred on XRP holders capitulate. (sergeitokmakov/Pixabay)

What to know:

  • Many XRP investors are now selling at a loss, which suggests that the majority of on-chain transactions involve coins that are currently below their purchase prices.
  • This shift represents a stark contrast to the peak in 2025, where for every loss-seller, there were 50 profit-takers, indicating a classic capitulation phase.
  • Currently, XRP trades at approximately $1.11, reflecting a nearly 40% decline year-to-date and significantly lower than its peak of over $3.60 in July.

In a clear indication of market capitulation, XRP holders are increasingly parting with their holdings at a loss.

According to Glassnode, the 90-day moving average of XRP's realized profit-to-loss ratio has plummeted to 0.38.

This figure means that for every dollar of losses that investors are realizing, they are only making 38 cents in profit, indicating that most coins being traded are currently in a losing position.

This situation contrasts sharply with the 2025 peak when the ratio reached 50, suggesting that profit-takers significantly outnumbered loss-sellers.

XRP's realized profit-to-loss ratio. (Glassnode)

A ratio this low is commonly interpreted as a sign of capitulation, a state in which weary holders finally decide to sell after enduring prolonged losses. This condition reflects significant fear or forced selling within the market.

While capitulation does not always signal the exact bottom, it often appears near exhaustion points during downtrends. For XRP traders, this could suggest that the bear market is nearing its conclusion.

As of the latest data from CoinDesk, the payments-centric cryptocurrency is trading around $1.11, down nearly 40% this year, following a price peak exceeding $3.60 last July.

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