XRP Just Flushed All Weak Hands. Market Strategist Says Time to Pump

Crypto analyst Steph Is Crypto has issued a confident outlook on XRP following a sharp price downturn and a decline in on-chain profitability metrics.

In a recent post, the analyst wrote, “XRP just flushed all the weak hands. Time to pump!” The statement was accompanied by a chart from Glassnode displaying XRP’s Net Unrealized Profit/Loss (NUPL), alongside price data.

The attached chart shows XRP’s NUPL falling decisively into negative territory in recent days, highlighted with a red circle at the far right of the graph. NUPL measures the difference between unrealized profits and unrealized losses across the network, offering insight into overall investor positioning. When the metric drops below zero, it indicates that, on aggregate, XRP holders are sitting at unrealized losses.

Steph Is Crypto’s interpretation of the latest move suggests that the decline represents capitulation by short-term or less committed market participants. By stating that XRP has “flushed all the weak hands,” the analyst implies that sellers who were likely to exit during volatility have already done so, potentially reducing immediate downside pressure.

$XRP just flushed all the weak hands.

Time to pump!

— STEPH IS CRYPTO (@Steph_iscrypto) March 1, 2026

NUPL Trend and Price Action

The Glassnode chart spans from mid-2023 through early 2026 and shows several fluctuations in XRP’s NUPL. Notably, the metric surged into positive territory during prior price rallies, reaching elevated levels in late 2024 and early 2025 when XRP traded significantly higher. During those periods, unrealized profits were widespread across the network.

However, the most recent data indicate a steep reversal. As XRP’s price declined toward the lower end of the chart’s right-hand scale, NUPL dropped sharply below zero. The visual emphasis placed on this negative reading underscores the significance of the move in the analyst’s view.

By pairing the price chart with NUPL data, Steph Is Crypto appears to argue that the market has undergone a cleansing phase. His concluding remark, “Time to pump!” reflects the expectation that a recovery could follow once selling pressure has been absorbed.

Community Responses Reflect Mixed Views

The post prompted varied reactions from other market participants. A user identified as Cryptonite responded that the recent downturn was severe and suggested that a sustained recovery would depend on XRP reclaiming and holding a prior breakdown level with convincing volume.

We are on X, follow us to connect with us :-

— TimesTabloid (@TimesTabloid1) June 15, 2025

According to the comment, failure to do so could mean the move was merely a liquidity sweep before further consolidation. The commenter also noted that Bitcoin’s direction would be an important factor to monitor.

Another user, Krypto Kong, expressed skepticism, stating that similar bullish calls have been made multiple times before. A third commenter, Cypto-Gman, cautioned that conditions could deteriorate further before any meaningful improvement occurs.

Steph Is Crypto’s post centers on the view that the current negative NUPL reading signals the exit of weaker holders and sets the stage for a potential upward move. While responses show that not all observers share the same level of conviction, the analyst’s message is clear: the recent decline may represent a reset rather than the start of a prolonged downturn.