PiCK
XRP Losses Deepen as Investor Pain Grows, Raising Risk of More Selling
Summary
- XRP is under pressure as investor losses widen and institutional funds flow out.
- Spot XRP ETFs recorded their first monthly net outflow in March, followed by additional fund outflows in April, signaling weaker institutional demand.
- Declining whale inflows to exchanges may ease some near-term downside pressure, but whether additional selling, or capitulation, follows will be the key factor in the next move.
Forecast Trend Report by Period
XRP is under pressure as investor losses widen and institutional money retreats. At the same time, large holders, or whales, are not rushing to sell, leaving the market with mixed signals.
Glassnode data released on April 7 showed that about 43.4% of XRP's circulating supply was in profit, the lowest level in about 21 months. At the current price of around $1.30, more than half of the supply is now in loss.
The figures underscore the scale of the recent decline. XRP has posted six straight monthly declines and is down more than 60% from its peak. Investors who bought above $2 over the past year have been realizing losses of about $20 million to $110 million a day since November 2025.
Institutional demand has also weakened. SoSoValue data showed that spot XRP exchange-traded funds, launched in late 2025, recorded their first monthly net outflow in March. About $31.16 million left the funds that month, followed by another $1.25 million in outflows in April.
Whale activity, however, paints a somewhat different picture. According to Arab Chain, a CryptoQuant contributor, whale inflows to Binance recently fell to their lowest level of 2026. Daily average inflows were about 12.6 million XRP, far below periods when hundreds of millions of XRP were moving onto the exchange.
Rising exchange inflows typically signal greater selling pressure. Lower inflows, by contrast, suggest investors are keeping tokens in external wallets and delaying sales. Over the past 30 days, cumulative whale inflows totaled about 1.44 billion XRP, also below levels seen at the start of the year.
That trend could help limit some near-term downside pressure. Still, crypto media outlet BeInCrypto said lower whale inflows alone are not enough to confirm a price rebound. Whether loss-making investors continue capitulation selling, or prices stabilize as whales remain on the sidelines, will be the key variable for XRP's next move.
As of April 8, XRP was trading at $1.38, up 5.58% from a day earlier, according to CoinMarketCap.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
