XRP Losses Mount As 36.8 Billion Tokens And $50 Billion Supply Go Underwater

According to on-chain analytics shared by Glassnode, the XRP Total Supply in Loss has climbed to 36.8 billion tokens after a broad market downturn, marking one of the highest levels in the current cycle. In USD terms, the value of XRP held at an unrealized loss has reached about $50 billion, while the spot price trades near $1.35, down over 0.5% in the last 24 hours. This spike in underwater supply suggests investors are facing significant paper losses, raising questions about whether the market could be approaching a cyclical bottom.