{"id":434092,"date":"2026-07-14T22:11:22","date_gmt":"2026-07-14T16:41:22","guid":{"rendered":"https:\/\/dripp.zone\/news\/xrps-1-rebound-faces-holders-trapped-above-2-crypto-news\/"},"modified":"2026-07-14T23:44:22","modified_gmt":"2026-07-14T18:14:22","slug":"xrps-1-rebound-faces-holders-trapped-above-2-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/xrps-1-rebound-faces-holders-trapped-above-2-crypto-news\/","title":{"rendered":"XRP\u2019s $1 rebound faces holders trapped above $2 &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Glassnode reported that XRP holders who bought between 6 and 12 months ago have an average cost basis near $2.22, roughly 52% above the token&#8217;s price of $1.08 on July 14, and far above the $ 1.09-$1.11 realized price for coins bought in the past month.<\/p>\n<p>XRP perpetual funding spanned a 2.6-basis-point range as of July 12, running from -0.016% on Kraken, through -0.003% on Coinbase, -0.002% on Bybit and Crypto.com, and roughly 0% on Binance, up to +0.005% on Gate, +0.006% on Hyperliquid, and +0.010% on Bitget and Huobi.<\/p>\n<h2>How far underwater each cohort sits<\/h2>\n<p>Glassnode calculates realized price as the average price at which the circulating supply last moved on-chain, with the duration of each cohort&#8217;s holding tracked separately.<\/p>\n<p>The one- to two-year cohort has <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/studio.glassnode.com\/charts\/breakdowns.PriceRealizedUsdByAge?a=XRP\">a realized price near $1.89<\/a>, about 43% below the current spot price and roughly 77% short of breakeven.<\/p>\n<p>The 6-to-12-month cohort needs about 107% from here to reach its $2.22 average cost,\u00a0while\u00a0<a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/coins\/xrp\/\" target=\"_blank\" rel=\"noopener\">XRP&#8217;s<\/a>\u00a0aggregate\u00a0<a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/price-watch\/\" target=\"_blank\" rel=\"noopener\">realized price is<\/a><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/price-watch\/\">\u00a0$1.36<\/a>.<\/p>\n<p>Glassnode&#8217;s aggregate NUPL reading, which measures unrealized profit against unrealized loss across the tracked supply, sat near -0.252, meaning losses outweigh gains across the token&#8217;s entire holder base.<\/p>\n<figure id=\"attachment_547690\" aria-describedby=\"caption-attachment-547690\" style=\"width: 1372px\" class=\"wp-caption aligncenter\"><noscript><\/noscript><img loading=\"lazy\" decoding=\"async\" class=\"lazyload wp-image-547690 size-full\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/07\/brave_54TY5JmNzj.jpg\" alt=\"XRP holder cost bases remain stacked above spot\" width=\"1372\" height=\"717\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/07\/brave_54TY5JmNzj.jpg 1372w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/07\/brave_54TY5JmNzj-300x157.jpg 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/07\/brave_54TY5JmNzj-1024x535.jpg 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/07\/brave_54TY5JmNzj-768x401.jpg 768w\" data-sizes=\"(max-width: 1372px) 100vw, 1372px\"\/><figcaption id=\"caption-attachment-547690\" class=\"wp-caption-text\">A chart shows XRP holder cost bases from $1.09 to $2.22, all above the $1.07 spot price, ranging 2% to 107% higher.<\/figcaption><\/figure>\n<p>The funding rate is a periodic payment between long and short positions, moving from longs to shorts when the rate runs positive and reversing direction when it runs negative, a mechanism meant to keep perpetual futures prices tethered to spot.<\/p>\n<p>The eight venues tracked by <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/companies\/coinglass\/\">CoinGlass<\/a> split evenly on July 12, four negative and four positive, with <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.coinglass.com\/FundingRate\/XRP\">no shared directional lean<\/a> across the market.<\/p>\n<p>CoinGlass cautions that funding varies by venue due to user composition, margin preferences, contract volume, and each <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/exchanges\/\">exchange&#8217;s own mark-price system<\/a>, and that the metric works best alongside open interest, volatility, and liquidation data, with the funding number alone telling only part of the story.<\/p>\n<p>Even with that caveat, a 2.6-basis-point spread between the most negative and most positive venues describes traders making opposite bets on the same asset at the same time.<\/p>\n<table>\n<thead>\n<tr>\n<th>Funding side<\/th>\n<th align=\"right\">Venue<\/th>\n<th align=\"right\">XRP perpetual funding<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Short-biased \/ negative<\/td>\n<td align=\"right\">Kraken<\/td>\n<td align=\"right\">-0.016%<\/td>\n<\/tr>\n<tr>\n<td>Short-biased \/ negative<\/td>\n<td align=\"right\">Coinbase International<\/td>\n<td align=\"right\">-0.003%<\/td>\n<\/tr>\n<tr>\n<td>Short-biased \/ negative<\/td>\n<td align=\"right\">Bybit<\/td>\n<td align=\"right\">-0.002%<\/td>\n<\/tr>\n<tr>\n<td>Short-biased \/ negative<\/td>\n<td align=\"right\">Crypto.com<\/td>\n<td align=\"right\">-0.002%<\/td>\n<\/tr>\n<tr>\n<td>Neutral<\/td>\n<td align=\"right\">Binance<\/td>\n<td align=\"right\">~0.000%<\/td>\n<\/tr>\n<tr>\n<td>Long-biased \/ positive<\/td>\n<td align=\"right\">Gate<\/td>\n<td align=\"right\">+0.005%<\/td>\n<\/tr>\n<tr>\n<td>Long-biased \/ positive<\/td>\n<td align=\"right\">Hyperliquid<\/td>\n<td align=\"right\">+0.006%<\/td>\n<\/tr>\n<tr>\n<td>Long-biased \/ positive<\/td>\n<td align=\"right\">Bitget<\/td>\n<td align=\"right\">+0.010%<\/td>\n<\/tr>\n<tr>\n<td>Long-biased \/ positive<\/td>\n<td align=\"right\">Huobi<\/td>\n<td align=\"right\">+0.010%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2>What a move in either direction would trigger<\/h2>\n<p>CoinGlass puts XRP&#8217;s 24-hour futures volume at over $1.7 billion, compared with a spot volume of about $290.4 million, a ratio of about 5.9 to 1.<\/p>\n<p>Open interest sits near $2.3 billion, down from June&#8217;s levels, and the volume gap shows derivatives still drive most of the turnover investors actually see day-to-day.<\/p>\n<p>A sustained move above $1.11 would first put the most recent buyers into profit, and a run toward the $1.36 aggregate realized price would start to repair the broader holder base.<\/p>\n<p>That same move could squeeze the negative-funding venues, forcing short-biased traders to cover as the price climbs past the cost basis that recent buyers are watching.<\/p>\n<div id=\"cs-inline-newsletter-6a565aebd87f0\" class=\"cs-inline-newsletter\" data-inline-newsletter=\"\">\n<div class=\"cs-inline-newsletter__inner\">\n<div class=\"cs-inline-newsletter__content\"> <span class=\"cs-inline-newsletter__eyebrow\">CryptoSlate Daily Brief<\/span><\/p>\n<h3 class=\"cs-inline-newsletter__title\">Daily signals, zero noise.<\/h3>\n<p class=\"cs-inline-newsletter__copy\">Market-moving headlines and context delivered every morning in one tight read.<\/p>\n<p> <span><i class=\"fa-regular fa-bolt\" aria-hidden=\"true\"\/> 5-minute digest<\/span> <span><i class=\"fa-regular fa-star\" aria-hidden=\"true\"\/> 100k+ readers<\/span><\/p>\n<\/div>\n<div class=\"cs-inline-newsletter__form-shell\">\n<p class=\"cs-inline-newsletter__privacy\">Free. No spam. Unsubscribe any time.<\/p>\n<p> <i class=\"fa-regular fa-circle-xmark\" aria-hidden=\"true\"\/> <span>Whoops, looks like there was a problem. Please try again.<\/span><\/p>\n<p> <i class=\"fa-regular fa-circle-check\" aria-hidden=\"true\"\/> <span>You\u2019re subscribed. Welcome aboard.<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<p>A rally can reward newer buyers well before it repairs the oldest ones, since the $1.11 and $1.36 levels sit far below the $1.89-$2.22 cohort wall.<\/p>\n<p>A decisive break below $1 would flip recent buyers into losses for the first time and push older cohorts deeper underwater.<\/p>\n<p>That same move would test the positive-funding venues, where traders are already paying to stay long, forcing the most exposed positions to unwind as losses compound on <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/market\/\">both sides of the market<\/a>.<\/p>\n<figure id=\"attachment_547691\" aria-describedby=\"caption-attachment-547691\" style=\"width: 572px\" class=\"wp-caption aligncenter\"><noscript><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-547691 size-full\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/07\/brave_TTO0THYiRC.jpg\" alt=\"XRP's next move carries pressure in both directions\" width=\"572\" height=\"723\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/07\/brave_TTO0THYiRC.jpg 572w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/07\/brave_TTO0THYiRC-237x300.jpg 237w\" sizes=\"auto, (max-width: 572px) 100vw, 572px\"\/><\/noscript><img loading=\"lazy\" decoding=\"async\" class=\"lazyload wp-image-547691 size-full\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/07\/brave_TTO0THYiRC.jpg\" alt=\"XRP's next move carries pressure in both directions\" width=\"572\" height=\"723\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/07\/brave_TTO0THYiRC.jpg 572w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/07\/brave_TTO0THYiRC-237x300.jpg 237w\" data-sizes=\"(max-width: 572px) 100vw, 572px\"\/><figcaption id=\"caption-attachment-547691\" class=\"wp-caption-text\">A flowchart shows XRP&#8217;s $1.07 spot price against upside levels up to $2.22 and a downside level at $1.00, marking key pressure zones.<\/figcaption><\/figure>\n<h2>The backdrop investors are trading against<\/h2>\n<p>The Federal Reserve held its target rate <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/bitcoin-holds-64k-after-fed-revives-hike-risk-but-one-level-still-decides-whether-repair-is-real\/\">at 3.50% to 3.75% on June 17<\/a>, citing uncertainty tied to the Middle East conflict and inflation partly linked to energy supply shocks.<\/p>\n<p>Renewed US-Iran hostilities on July 13 pushed Brent crude up 2% to $77.60 and supported the dollar as a safe-haven asset, with money markets pricing in 37 basis points of Fed tightening for the year, a backdrop that tends to tighten liquidity for higher-beta assets like XRP.<\/p>\n<p>US-traded <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/etf\/\">spot XRP ETFs<\/a> recorded about <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/xrp-cleaned-out-leverage-now-etf-demand-has-to-prove-itself\/\">$7.2 million in net outflows<\/a> during the July 6-10 week, led by a $7.29 million outflow from <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/companies\/bitwise\/\">Bitwise&#8217;s<\/a> fund, the same week US spot <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/coins\/bitcoin\/\">Bitcoin<\/a> ETFs <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/bitcoins-64000-rebound-is-outrunning-etf-demand-despite-a-197-million-inflow\/\">pulled in about $197 million<\/a> and ended an eight-week run of redemptions.<\/p>\n<div class=\"cs-article-embed\"> <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/xrp-cleaned-out-leverage-now-etf-demand-has-to-prove-itself\/\" class=\"cs-article-embed__link\"><\/p>\n<div class=\"cs-article-embed__media\"> <noscript><img width=\"1024\" height=\"576\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/07\/xrp-leverage-reset-etf-demand-coastal-recovery-1024x576.jpg\" alt=\"XRP cleaned out leverage, now ETF demand has to prove itself\" loading=\"lazy\" decoding=\"async\"\/><\/noscript><img class=\"lazyload\" width=\"1024\" height=\"576\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/07\/xrp-leverage-reset-etf-demand-coastal-recovery-1024x576.jpg\" alt=\"XRP cleaned out leverage, now ETF demand has to prove itself\" loading=\"lazy\" decoding=\"async\"\/><\/div>\n<div class=\"cs-article-embed__body\"> <span class=\"cs-article-embed__related-reading\">Related Reading<\/span><\/p>\n<h3 class=\"cs-article-embed__title\">XRP cleaned out leverage, now ETF demand has to prove itself<\/h3>\n<p>The washout reduced forced-selling risk, but spot volume and ETF creations still need to carry the next move.<\/p>\n<p> <span class=\"cs-article-embed__meta-item\">Jul 8, 2026<\/span> <span class=\"cs-article-embed__meta-divider\">\u00b7<\/span> <span class=\"cs-article-embed__meta-item\">Andjela Radmilac<\/span><\/p>\n<\/div>\n<p> <\/a><\/div>\n<p><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/companies\/glassnode\/\">Glassnode&#8217;s<\/a> own cost-basis methodology comes with a caveat worth keeping in mind when reading this data: realized price tracks when coins last moved on-chain, a signal that can capture transfers and custody changes alongside ordinary buying.<\/p>\n<p>The cohort and funding splits still describe a market few investors would call settled.<\/p>\n<p>XRP&#8217;s next move carries a specific test in either direction: clearing $1.11 and then $1.36 before it reaches the coins still priced near $2.22 on the way up, or holding below $1 before positive-funding venues start unwinding on the way down.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Glassnode reported that XRP holders who bought between 6 and 12 months ago have an average cost basis near $2.22, roughly 52% above the token&#8217;s price of $1.08 on July 14, and far above the $ 1.09-$1.11 realized price for coins bought in the past month. XRP perpetual funding spanned a 2.6-basis-point range as of [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":434098,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-434092","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/434092","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=434092"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/434092\/revisions"}],"predecessor-version":[{"id":434099,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/434092\/revisions\/434099"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/434098"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=434092"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=434092"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=434092"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}