XRP’s losses deepen as profitability reaches 21-month low; focus shifts to increased selling

April 8, 2026

XRP investors are facing deeper losses as profitability hits a 21-month low, with only about 43.4% of the supply currently profitable. The token’s recent decline has been significant, with six consecutive monthly losses and a drop of over 60% from its peak. Investors who bought XRP above $2 in the past year have been experiencing daily losses ranging from $20 million to $110 million since November 2025.

Institutional demand for XRP has weakened, as evidenced by spot XRP exchange-traded funds experiencing net outflows of $31.16 million in March and an additional $1.25 million in April. However, whale activity offers a contrasting signal. While whale inflows to Binance hit their lowest levels in 2026, averaging around 12.6 million XRP daily, much lower than previous periods when hundreds of millions of XRP were entering the exchange.

Typically, rising exchange inflows indicate heavy selling pressure, while lower inflows suggest investors are holding assets in external wallets to delay sales. Over the past 30 days, cumulative whale inflows amounted to about 1.44 billion XRP, a reduction from the beginning of the year. This decrease in whale inflows may alleviate some immediate downward pressure, but it alone may not be sufficient to trigger a rebound.

Despite XRP’s price increase to $1.38 on August 8, up 5.58% from the previous day, the market remains under the influence of loss-making investors. The key factor in XRP’s future trajectory will depend on whether these investors continue to sell off their holdings or if prices stabilize as large holders opt to remain on the sidelines.

In conclusion, XRP faces challenges as investor losses deepen, institutional money exits the market, and profitability hits a 21-month low. While whale activity shows a reluctance to sell, the ongoing presence of loss-making investors will play a crucial role in determining XRP’s next moves in the market.