XRP Average Long-Term Trader Still Down 11.75% After Recent Rebound
Santiment data put XRP's average long-term unrealized return at -11.75%, Bitcoin.com reported, leaving holders in the red even after the token traded above $1.60.
Why it matters
The reading shows that the September price move lifted XRP's market value without recovering the acquisition cost of coins bought over the past year. With a single source and no quoted analyst explanation of the shortfall, how much weight the figure carries is unclear.
Key facts
Santiment put XRP's average unrealized return for coins active in the past year at minus 11.75%.
-11.75 %Reported by Bitcoin.com News
Santiment put dogecoin's average unrealized return on the same measure at minus 19.26%.
-19.26 %Reported by Bitcoin.com News
Bitcoin, ether and chainlink were slightly above zero in the same comparison.
Reported by Bitcoin.com News
The comparison used 365-day market value to realized value, comparing the current value of coins that moved within the past year with their acquisition price.
Reported by Bitcoin.com News
Santiment counted 1,917 large transactions and 3,647 new wallets around the Sept. 22 price move.
1,917Reported by Bitcoin.com News
Santiment shared the five-token comparison on X on Sept. 23.
Reported by Bitcoin.com News
What happened
Bitcoin.com News, citing analytics firm Santiment, reported that the average long-term XRP trader remains down 11.75% on an unrealized basis. Santiment's comparison, shared on X on Sept. 23, covered five tokens: XRP, dogecoin, bitcoin, ether and chainlink. XRP came in at minus 11.75% and dogecoin at minus 19.26%, while bitcoin, ether and chainlink sat slightly above zero. The measure is 365-day market value to realized value (MVRV), which compares the current value of coins that moved in the past year with their value at acquisition price. Bitcoin.com noted the XRP reading stayed negative after the token rose above $1.60 on Sept. 22, when Santiment counted 1,917 large transactions and 3,647 new wallets. No other outlet covered the story, and Santiment's own write-up was cut off in the available reporting before it explained what it considers to be the cause of the remaining losses.
How the story developed
- Update
XRP trades above $1.60
Santiment counted 1,917 large transactions and 3,647 new wallets around the move.
- Official statement
Santiment publishes five-token MVRV comparison on X
XRP at -11.75% and dogecoin at -19.26%; bitcoin, ether and chainlink slightly positive.
- First report
First report by Bitcoin.com News
XRP Average Long-Term Trader Still Down 11.75% After Rebound
Affected entities
Original sources
| Publisher | Report | Role | Published |
|---|---|---|---|
| Bitcoin.com News Company, official | XRP Average Long-Term Trader Still Down 11.75% After Rebound | Original |
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