Overview
- On-chain firm Santiment reports weekly realized losses near -$1.93 billion for XRP, the largest since 2022, while AMBCrypto cites a lower ~$908 million figure, underscoring data discrepancies.
- XRP trades around $1.41–$1.42 with continued volatility, leaving the token more than 60% below its former peak.
- A similar realized-loss extreme about 39 months ago preceded an approximate 114% eight-month rally, though outlets stress that past patterns are not predictive.
- Coverage ties the drawdown to stop-loss cascades and derivatives liquidations, with short-term holders de-risking as larger wallets selectively absorb sell-side liquidity.
- Market watchers say firmer footing would be signaled by shrinking realized-loss readings, continued exchange outflows, and a rebuild in open interest without excessive leverage.