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    Home»Markets»Crypto»$750M Paper Loss, Buy the Blood?
    Crypto

    $750M Paper Loss, Buy the Blood?

    Press RoomBy Press RoomSeptember 1, 2026No Comments4 Mins Read
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    Author

    Ahmed Barakat

    Author

    Ahmed BarakatVerified

    Part of the Team Since

    Mar 2024

    About Author

    Ahmed Barakat is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.

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    CryptoNews Editorial Team

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    CryptoNews Editorial TeamVerified

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    The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for…

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    September 1, 2026

    Metallic XRP asset under pressure above a key support level in a dark crypto market scene

    XRP is sitting exactly where the market’s patience is being tested hardest with a undicided price prediction. Five major US spot XRP ETFs are collectively underwater by $746.1 million on a cost basis of roughly $1.7 billion, but investors kept buying anyway.

    SEC filings show Bitwise, Canary Capital, Franklin Templeton, 21Shares, and Grayscale recorded about $629.9 million in primary-market share creations against $309.1 million in redemptions through H1, leaving net capital flow positive by $320.8 million even as fair value sank 44.1% below cost.

    Bloomberg ETF analyst James Seyffart called the demand “surprisingly resilient” in an Aug. 31 post, putting cumulative net inflows across the asset class at $1.8 billion.

    XRP ETF flows have been surprisingly resilient. Money in the aggregate has mostly only gone one direction and now they have a total of $1.8 billion in cumulative net inflows. When you look at this compared ripple:native price over this time period … its particularly impressive https://t.co/r4rI3w3QAk pic.twitter.com/Ytk4pV5Z3d

    — James Seyffart (@JSeyff) August 31, 2026

    That’s a strange signal for a market normally allergic to sitting on losses this large. Set against a scheduled 1 billion XRP escrow unlock and a broader risk-off tilt across altcoins, the paper-loss data forces a real question for anyone still on the sidelines: Does institutional conviction here mean something, or is it just sunk-cost stubbornness dressed up as strategy?

    Discover: The Best Token Presales

    XRP Price Prediction: Can It Hold $1.35 Support This Week?

    Price action has cooled from the late-August peak near $1.70, and XRP now sits in the mid-$1.30s after shedding roughly 8% on the week. The $1.34–$1.35 zone is the line in the sand, and a break below opens the door toward $1.25–$1.27, near the 61.8% Fibonacci retracement.

    Supertrend support sits at $1.341, and short-term momentum remains soft. A Reclaim of the $1.41 pivot flips the structure back bullish, with $1.47 and eventually $2 psychological targets back in play.

    A choppy consolidation between $1.34 and $1.41 could also happen while the market digests the September 1 escrow release of 1 billion XRP. This is notably occurring with a price near $1.43 this cycle versus roughly $1 during the prior unlock, a materially stronger setup.

    Worst case is a clean break under $1.34 invalidates the August rally structure and drags price toward the mid-$1.20s. Watching the support test here matters more than chasing green candles.

    Trade XRP on Bybit and Get a Chance to Win Our $1,000 USDT Airdrop

    Maxi Doge Targets Early Mover Upside as XRP Tests Key Levels

    Holding through a $746.1 million paper loss takes conviction, or a fairly narrow definition of pain tolerance. Either way, XRP at this size isn’t handing out 50x moves anytime soon; the market cap is simply too large for that kind of asymmetric return. That’s the gap early-stage capital tends to chase instead.

    Enter Maxi Doge ($MAXI), a meme token running on Ethereum built around a 240-lb dog persona channeling “1000x leverage” trading energy, complete with holder-only trading competitions and leaderboard rewards.

    The presale has raised $4.8 million at a current price of just $0.0002836, with a healthy 35% APY staking live for early participants. A Maxi Fund treasury backs liquidity and partnerships, practical infrastructure that most meme launches skip.

    Check out Maxi Doge before the presale window closes.

    Discover: The Best Crypto to Diversify Your Portfolio


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