XRP may appear stagnant on the surface, but according to crypto investors and traders at Cheeky Crypto, several underlying market indicators suggest a very different story. In an X post and accompanying video analysis, the group argued that XRP is currently “100% undervalued,” citing an extraordinary divergence between declining retail market activity and growing institutional participation. The post highlighted a sharp decline in available trading liquidity, noting that XRP’s market depth has fallen to its lowest level since January 2020. At the same time, Cheeky Crypto noted that activity in institutional markets, particularly through CME futures products, continues to rise. According to the analysis, this combination could signal that important structural changes are taking place behind the scenes despite the asset’s relatively subdued price performance. XRP is 100% UNDERVALUED right now Something highly unusual is happening right now behind the scenes of one of the largest digital assets in existence. Available trading lifeblood has collapsed to a terrifying six year low, mirroring conditions from early January 2020. The actual… pic.twitter.com/ix9oQ8Sm0F — Cheeky Crypto (@CheekyCrypto) June 3, 2026 Liquidity Metrics Reach Multi-Year Lows In the video, Cheeky Crypto focused heavily on market liquidity, describing it as the “lifeblood” of trading activity. The analysis pointed to Binance’s 30-day liquidity index, which reportedly dropped to 0.043. By comparison, the same metric remained above 3 for much of the period between 2022 and 2024 and frequently exceeded 4 during periods of heightened market activity. According to Cheeky Crypto, such a decline indicates that buy and sell orders capable of absorbing large trades have largely disappeared from public order books. The group argued that this leaves the market vulnerable to significant price swings, as even relatively modest trading activity could have a much larger impact on price than under normal market conditions. The video suggested that the reduction in liquidity reflects a sharp slowdown in retail participation, with speculative capital no longer entering public exchanges at previous levels. On-Chain Data Suggests Investor Pain Cheeky Crypto also cited analytics platform Santiment, claiming that the average active XRP trader over the past 30 days is currently facing losses of roughly 47%. The analysis referenced the Market Value to Realized Value (MVRV) ratio, a metric often used to measure the average profitability of market participants. According to the video, XRP’s 30-day MVRV has fallen to its lowest level since December 2020. Cheeky Crypto argued that historically, deeply negative MVRV readings have coincided with periods when speculative excess has been removed from the market, and weaker participants have exited their positions. Based on these indicators, the group concluded that XRP is significantly undervalued relative to historical patterns, despite continued weakness in its price chart. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Institutional Activity Tells a Different Story While retail sentiment remains subdued, Cheeky Crypto argued that institutional participation appears to be moving in the opposite direction. The video highlighted growth in CME crypto futures trading, citing $62.87 billion in notional trading volume during the first year and a reported 46% year-over-year increase in average daily crypto volume during 2026. According to the analysis, institutional investors typically do not rely on public spot-market order books for large transactions. Instead, they often use regulated derivatives markets and over-the-counter trading desks, allowing substantial positions to be accumulated without creating visible disruptions on retail exchanges. Cheeky Crypto suggested that this separation between public and institutional markets may explain why XRP’s price has remained relatively stable despite signs of growing professional-market activity. The video concluded that XRP is currently experiencing a rare combination of low liquidity, negative investor sentiment, and increasing institutional participation. Cheeky Crypto argued that such conditions can create the foundation for significant price volatility if a major catalyst emerges. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Expert Says XRP Is 100% Undervalued Right Now. Here’s why appeared first on Times Tabloid .