Jakarta, Pintu News – XRP is back in the spotlight after the latest on-chain data showed that holders of this crypto asset are facing huge unrealized losses. This comes after the price of XRP experienced a sharp correction from its 2025 rally peak, leaving many cryptocurrency investors at a loss. For those of you who follow the crypto market, this data is important because it can give an idea of the psychological pressure of the market and the potential for the next price movement.
On-chain data shows around 36.8 billion XRP is currently held at a loss. Nominally, the value of the unrealized loss reaches around $50.8 billion, or the equivalent of around Rp863.9 trillion at an exchange rate of 1 USD = Rp16,987.
An unrealized loss means that the current market price is below the average purchase price of the tokens held by the investor. In other words, these losses have not actually been realized as long as holders have not sold their XRP in the market.
The large number indicates that most XRP market participants are now under pressure. In the context of cryptocurrencies, such conditions are often monitored as they can signal a weakening of sentiment, especially when prices fail to recover in a short period of time.
Also Read: Crazy Prediction! Bitcoin could reach Rp2.02 billion in March 2026, ETH to Rp202 million?
Throughout 2025, XRP recorded a very aggressive price increase and broke several important psychological levels. The token surpassed $1, then $2, and finally broke $3, putting almost the entire circulating supply in a profit position.
If converted to rupiah, the price level is equivalent to:
During that euphoric phase, almost all XRP holders enjoyed unrealized profits. However, after the rally ended, the price reversed sharply to the $1 to $2 range, so many investors who bought in the upper area ended up trapped in a loss position.
This change from mass gain to mass loss phase shows how volatile the crypto market can be. For novice investors, situations like this serve as an example that a sharp rise in a short period of time is often followed by an equally quick major correction.
The surge in the amount of XRP supply in loss positions is said to be close to the historical “max pain” threshold previously seen during bear market phases. This term refers to a condition when market pressure is extremely high as many investors endure heavy losses and begin to lose faith.
In such a situation, the market usually faces two main possibilities. First, holders hold on while waiting for a long-term trend reversal; second, there is a wave of capitulation when investors give up and sell their assets at low prices.
After experiencing a brief relief rally in January, XRP was again hit by heavy selling pressure. The price then dropped past several psychological support levels with relatively weak bounces, indicating that the buying strength is not yet strong enough to reverse the trend.
Currently, XRP is trading at around $1.34 or around Rp22,763. This price position is near the bottom of the consolidation area, which means that the market is still in a fragile phase and has yet to show a truly convincing recovery.
If the selling pressure continues, then holders who are already in a losing position could be encouraged to make additional sales. Conversely, if the general crypto market improves and sentiment towards XRP recovers, this area could also be a starting point for a reversal.
For those of you who monitor cryptocurrencies, a large unrealized loss number does not necessarily mean that the price is bound to drop further. However, the data clearly shows that the XRP market is facing an important test, as a holder’s decision to hold or sell will greatly affect the next direction of the price.
The latest data shows that XRP is in a phase of severe pressure, with around 36.8 billion XRP recorded in a loss position and the total unrealized loss reaching around IDR 863.9 trillion. This comes after the big rally in 2025 turned into a sharp correction that trapped many investors at the top price.
For investors and beginners alike, this situation confirms that the crypto market is heavily influenced by cycles of euphoria and fear. Understanding on-chain data such as supply at a loss can help you read market sentiment more objectively, while also being more cautious when dealing with high cryptocurrency volatility.
Also Read: 5 Big Crypto Issues of March 2026: FOMC, Stablecoins, to Unlock Billion Worth Tokens
Follow us on Google News to stay up to date with the latest in crypto and blockchain technology. Check Bitcoin price, usdt to idr and tokenized nvidia stock price through Pintu Market.
Enjoy an easy and secure crypto trading and crypto gold investment experience by downloading the Pintu crypto app via Play Store or App Store now. Also, experience web trading with advanced trading tools such as pro charting, various order types, and portfolio tracker only at Pintu Pro.
*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash beforeinvesting. All activities of buying and selling Bitcoin (BTC) and other crypto asset investments are the responsibility of the reader.
© 2026 PT Pintu Kemana Saja. All Rights Reserved.
The trading of crypto assets is carried out by PT Pintu Kemana Saja, a licensed and regulated Digital Financial Asset Trader supervised by the Financial Services Authority (OJK), and a member of PT Central Finansial X (CFX) and PT Kliring Komoditi Indonesia (KKI). Crypto asset trading is a high-risk activity. PT Pintu Kemana Saja do not provide any investment and/or crypto asset product recommendations. Users are responsible for thoroughly understanding all aspects related to crypto asset trading (including associated risks) and the use of the application. All decisions related to crypto asset and/or crypto asset futures contract trading are made independently by the user.