XRP (XRP) traded at $1.35 on Monday, down 63% from its multi-year high of $3.66 in July 2025. As a result, many XRP holders are sitting on significant unrealized losses, highlighting the risks crypto investors face in bear markets.
Key considerations:
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XRP’s 63% decline from its peak of $3.66 has not materialized in losses to holders of more than $50 billion.
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Key levels for XRP to watch in the short term include $1.40, $1.30 and $1.27.
60% of XRP’s circulating supply is now in the red
The XRP/USD pair is trading 28% lower than the annual opening of $1.87 and paring losses to the 2025 close of 11.6%. Prolonged weakness has pushed much of its supply into the red.
related to: XRP faces risk of $650 million sell-off as charts point to prices below $1
According to Glassnode, with XRP trading at $1.35 at the time of writing, approximately 36.8 billion XRP are currently held at a loss, representing a $50.8 billion windfall or more than 60% of the circulating supply.

The spot price of XRP is also lower than the total value of its holders, which currently stands at $1.44, suggesting that long-term holders are under more pressure.

Spot XRP ETF investors are also feeling the pressure. Data from SoSoValue shows that these investors are reducing their exposure to this investment product, which recorded a loss of US$22.8 million in two consecutive days.
Friday saw more than $16.2 million in net outflows, the largest payout since Jan. 29, when spot XRP ETFs saw $93 million.

The sense of risk is also evident in the global investment product XRP, which recorded more than $30 million in outflows during the week ending March 6.
Key XRP price levels to watch below $1.40
The XRP/USD pair continued to trade within a range, with $140 as resistance and $1.30 a key support level that the bulls need to hold to prevent further declines.
The price is now retesting the bottom of the range as shown in the chart below.
“If buyers come in here, we could see XRP move back to the top of the range,” analysts at CryptoPulse said, adding:
“If this level is broken, the structure of the range will change and the price may seek lower levels.”

The main area of interest is between $1.30 and the local low of $1.27 reached on February 28. If the price breaks this level, the next stop could be the February 6 low of $1.13, which is also the 200-week exponential moving average (EMA).

On the other hand, the bulls are now focused on turning the 200-week simple average (SMA) into support at $1.40.
Glassnode’s UTXO (URPD) price breakdown, which shows the average price at which ETH holders bought their coins, is showing a critical level at the 200-week SMA, where investors have bought $1.28 billion in XRP.

As reported by Cointelegraph, the price of XRP could rise to $1.60 and then $1.95 if the $1.40 support is restored.
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