XRP Price Drops 4% Amid Largest Realized Loss Spike Since 2022

The XRP token experienced a notable decline, with its price falling approximately 4% in the last 24 hours. This downward movement coincides with a significant on-chain event: the XRP network has recorded its most substantial spike in realized losses since the year 2022. Realized loss is a key metric that indicates investors are selling their holdings at a price lower than their initial purchase price, often reflecting capitulation or a shift in market sentiment. Analysts monitor such spikes as they can signal potential local price bottoms or periods of heightened selling pressure. The current market data suggests that a wave of investors has chosen to realize losses on their XRP positions, contributing to the asset's recent price weakness. This event highlights the ongoing volatility and complex investor behavior within the cryptocurrency market, particularly for major altcoins like XRP.