Realized losses for XRP jump to $1.93 billion
Real‑world data shows XRP incurred $1.93 billion in realized losses this week, the largest jump since late 2022. The metric counts coins sold below purchase price, reaching levels not seen in about 39 months. Traders interpret this surge as capitulation, a possible sign of an approaching market turning point. Historically, sharp rises in realized losses appear near cryptocurrency market bottoms, easing selling pressure afterwards. Santiment notes that a similar spike preceded a 114% price increase over the following eight months. This pattern fuels speculation that XRP may be poised for a rebound despite short‑term pessimism. Despite current losses, analysts keep a bullish outlook. CryptoBull projects $13 in March, $27 in April, and $70 in May based on three‑month momentum. Egrag Crypto points to a 2.8‑fold rise between cycle lows of 2020 and 2022, while some commentators warn about whale activity and shifting institutional targets. Institutional moves are bolstering sentiment: Japan’s SBI launched a ¥10 billion on‑chain bond that pays interest in XRP, and Société Générale added an euro‑backed stablecoin on the XRP Ledger. Spot XRP ETFs have recorded three weeks of net inflows, though growth has slowed. XRP trades around $1.44, up 1.55% in 24 hours but down 25% over the past month.
