on-chain analytics from Glassnode just dropped some eerie vibes on XRP’s network health 🖤 transaction demand’s fading fast and holders are feeling that profit squeeze even while prices float way above the 2024 floors ✨ the realized profit-to-loss ratio smashed down to 0.38 on its 90-day average which means folks are only pulling 0.38 in gains for every dollar lost on-chain
Profitability Ratio Signals Deep Stress
that metric’s chilling below the 1.0 breakeven line where net losses rule the scene unlike those wild bull runs when it spikes past 20 or 50 with pure profit vibes dominating ✨ glassnode flags this as classic capitulation territory where coins move mainly from folks exiting underwater positions 💀 network activity’s also whispering warnings with total fees on the XRP Ledger sliding from 5900 XRP back in february 2025 down to around 500 XRP lately that’s over 91% evaporation
Ecosystem Under Persistent Pressure
echoes from late 2025 show just 58.5% of supply sitting in profit which hit lows not seen since november 2024 when the token hovered near 0.53 now roughly 41.5% or about 26.5 billion XRP lingers at a loss around the 2.15 mark 🥀 all this points to lingering gloom for the ecosystem with holders still enduring the heat and demand stuck far from cycle peaks dropped reported
Just another echo from the void by iconofsin.eth 💖
