XRP 1-year MVRV plunges to -41%, lowest since FTX crash

Santiment says 1Y holders of XRP are deep in loss. Its MVRV metric has fallen into the “Opportunity Zone.”

- Santiment’s chart shows 30D and 1Y MVRV both negative. Recent buyers are underwater according to the firm’s post.

- The 1Y cohort sits near a 41% average loss, the lowest since December 2022, when markets bottomed after the FTX collapse per Santiment and contemporaneous coverage.

- Santiment labels this an “Opportunity Zone,” noting “significantly negative average returns … imply that there is much lower risk than average” as many traders are already in heavy loss source.

- It’s unclear if this marks a bottom or if bearish pressure persists background on MVRV.

At writing, XRP trades near $1.32, down ~2% in 24 hours.