Index
Lower-Risk Buying Window
Inflows After a Brief Pullback
XRP rose about 5% over the past 24 hours, helping the token regain the $1.10 level. Despite the short-term recovery, it remains more than 50% below its value from a year ago.
New on-chain data suggests that the prolonged decline has pushed key holder metrics to historically extreme levels.
Lower-Risk Buying Window
According to Santiment, XRP holders are seeing some of the weakest average returns in the asset’s history. Its 30-day MVRV has fallen to -45%, while its 365-day MVRV is at -47%, indicating that both short- and long-term holders are deeply underwater.
For the first time in XRP’s nearly 12-year history, short- and long-term holders are facing record average returns, showing that fear and frustration have reached exceptionally high levels. Santiment said this does not rule out the possibility of further price drops if the broader crypto market remains under pressure.
However, from a risk-reward perspective, it believes that buying or increasing exposure to XRP now carries less risk than usual, because much of the downside has already been absorbed by existing holders—a condition that historically coincided with stronger market setups.
Meanwhile, crypto analyst Ali Martinez said that the SuperTrend indicator showed its first buy signal for XRP since mid-June. He explained that the previous buy signal was followed by a 14% rally, while the indicator also successfully identified the last two major declines of 19% and 16%.
XRP’s network activity also increased, according to its prior analysis. Daily active addresses rose from 23,000 on June 14 to nearly 40,000, indicating greater on-chain participation.
Inflows After a Brief Pullback
On the institutional side of things, US-based spot XRP ETFs attracted more than $59 million in net inflows throughout June. After two consecutive days of outflows, the funds returned to positive territory on July 3, bringing in $6.55 million.
SoSoValue data revealed that Bitwise’s ETF accounted for the largest share of the day’s inflows.#Xrp🔥🔥 #XRPGoal
