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XRP flashes a potential bottom signal, but $15.7 billion in exchange supply threatens recovery

XRP's 365-day MVRV ratio has fallen to about 0.92, which places holders in the metric's window roughly 8% below their cost basis, while XRP trades near $1.33, according to Santiment. Glassnode warned Oct. 19 that more th...

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XRP flashes a potential bottom signal, but $15.7 billion in exchange supply threatens recovery

XRP's 365-day MVRV ratio has fallen to about 0.92, which places holders in the metric's window roughly 8% below their cost basis, while XRP trades near $1.33, according to Santiment. Glassnode warned Oct. 19 that more than 40% of large-cap altcoins sit near their own yearly leverage highs. XRP's derivatives data sits between Binance shedding…

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XRP is showing up inside the Market Structure theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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