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I noticed that XRP just gave a major signal this week. On-chain data shows about $1.93 billion in realized losses in a single week, which is downright extreme. It's the highest peak since 2022, and honestly, it looks like a massive capitulation by sellers.
What’s interesting is that historically, when we see these levels of panic, they often coincide with market lows. The last time XRP recorded losses of this magnitude about 39 months ago, the coin surged 114% over the following 8 months. So, the symbol of panic could also be a symbol of opportunity.
But hey, we shouldn’t forget that macroeconomic conditions are different now. The real question is whether demand will follow once the panic subsides. If sellers are truly exhausted, we might see stabilization, but buyers will need to step up for it to hold. Keep a close eye on it.