XRP’s 2026 on-chain profile mirrors early 2022 as short-term buyers load up below older cost bases

According to Glassnode, XRP’s on-chain structure now resembles early 2022, with wallets active over the past week to month accumulating below the realized cost basis of six- to twelve-month holders. Total supply in loss has risen to about 26 billion XRP while supply in profit has dropped to roughly 40 billion, underscoring mounting pressure on longer-term participants despite a recent price rebound toward the $2.00–$2.10 range.