XRP Falls to Lows: Realized Loss of $1.93 Billion Since November

robot
Abstract generation in progress

On-chain data reveals a critical situation in the XRP market, where investors are experiencing massive accumulated losses of $1.93 billion this week. This figure marks a significant retreat to levels not seen since November 2022, indicating that we are facing a major selling pressure scenario in the Ripple ecosystem.

Chain Capitulation: Analysis of Realized Losses

According to NS3.AI, a blockchain data specialist, the increase in realized losses reflects a clear pattern of forced liquidations and panic selling. Indicators show that many XRP holders are offloading their assets below their entry prices, a traditional sign that investors are losing confidence.

The observed behavior suggests we have entered a phase of higher volatility where small investors choose to close positions at the first sign of weakness. This dynamic is concerning because it indicates that market sentiment has undergone a significant shift compared to previous months.

Bearish Market Sentiment: Historical Comparison

When comparing the current situation to November 2022, similar patterns of massive capitulation can be observed. Back then, XRP also faced significant selling pressures that marked a turning point in market behavior.

The fact that this week’s realized loss is the largest since November 2022 suggests that the investor community is again going through a deep correction cycle. Available data shows sellers above the current price, creating downward pressure that continues to validate with each transaction executed below historical average prices.

The current situation requires attention from those holding XRP positions, as market sentiment remains fragile and volatility indicators continue to be high.

XRP-2.86%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)