{"id":191329,"date":"2026-04-07T15:01:49","date_gmt":"2026-04-07T12:01:49","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/xrp-holders-losses-mvrv-lows-ftx-collapse\/"},"modified":"2026-04-07T15:01:49","modified_gmt":"2026-04-07T12:01:49","slug":"xrp-holders-losses-mvrv-lows-ftx-collapse","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/xrp-holders-losses-mvrv-lows-ftx-collapse\/","title":{"rendered":"XRP Holders Face Steepest Losses Since FTX Collapse"},"content":{"rendered":"

The XRP<\/strong> token is currently trading around $1.30<\/strong>, marking a decline of over 3% in the last 24 hours and maintaining a downward trend on the weekly chart.<\/p>\n\n

More importantly, the MVRV<\/strong> (Market Value to Realized Value) indicator, which measures the average profit or loss of investors, shows that XRP holders are currently at a loss of approximately 41%<\/strong>. This represents the lowest level since November 2022, when the collapse of FTX<\/strong> sent shockwaves through the entire cryptocurrency market.<\/p>\n\n

Investors Underwater<\/h2>\n\n

The drop in MVRV signals that a significant portion of the market is holding positions at a loss\u2014a situation historically associated with the late stages of bear cycles or potential accumulation zones. Similar levels were observed in late 2022, shortly before XRP began a sharp recovery in the following months.<\/p>\n\n

\n

\"\"<\/figure>\n<\/p>\n\n

However, the current dynamics differ in one key aspect: there is a lack of a strong catalyst for a reversal, while the macroeconomic environment remains uncertain and capital is primarily concentrating in Bitcoin<\/strong> and ETF products.<\/p>\n\n

Growth Without Price Action<\/h2>\n\n

Paradoxically, the weak price momentum diverges from the network\u2019s fundamental indicators. The number of wallets on the XRP Ledger<\/strong> has exceeded 8.1 million<\/strong>\u2014a historic high that highlights ongoing interest from users, particularly retail participants.<\/p>\n\n

<\/p>

\ud83d\udea8BIG: TOTAL $XRP<\/a> LEDGER WALLETS BREAK PAST 8.1 MILLION

According to TheCryptoBasic, the number of addresses on @Ripple<\/a>'s XRP Ledger $XRPL<\/a> has surged beyond the 8.1 million mark, despite disappointing performance from the token itself.

It further notes that \"Retail dominates\u2026 pic.twitter.com\/FZ9ohGuluv<\/a><\/p>\u2014 BSCN (@BSCNews) April 6, 2026<\/a><\/blockquote>