XRP rose about 8% over the past week, reaching roughly $1.14. On‑chain data from Santiment showed that the 30‑day and 365‑day market value to realized value (MVRV) ratios were near -45% and -47%, indicating that most holders were in loss positions. The price increase occurred despite the deep unrealized losses, suggesting that selling pressure from underwater holders may be waning. Santiment described the situation as a risk‑reward entry point, not a price prediction, and warned that XRP could still fall if the broader market weakens. Large bitcoin wallets have been accumulating amid record ETF outflows, a pattern analysts have linked to cycle bottoms. While the metrics suggest a possible floor, a confirmed bottom has not been established, and XRP may continue to decline if market conditions change.