XRP Sees Highest On-Chain Realized Loss Spike Since 2022

The cryptocurrency market is known for its volatility, and XRP is no exception. A recent analysis by Santiment has highlighted a significant development that could signal a potential turnaround in the price of XRP.

According to the platform's data, XRP has recorded its largest on-chain realized loss spike since 2022. This means that a large number of investors have sold their coins at prices below what they paid for them, typically indicating a period of extreme fear and capitulation in the market.

The previous instance of such a high realized loss spike occurred approximately 39 months ago, after which XRP surged by 114% over the following eight months. While this does not guarantee a similar outcome, it is an interesting indicator to consider.