Data: XRP recorded the largest realized loss since November 2022, with weekly realized losses reaching $1.93 billion.

XRP-1.15%

ChainCatcher reports that Santiment data shows XRP has just recorded its largest realized loss since November 2022, with weekly realized losses reaching $1.93 billion, indicating a concentrated panic sell-off among holders.

Note: Realized loss refers to the loss that investors actually lock in when selling an asset at a price below their purchase cost; it is a confirmed loss. Unrealized loss, on the other hand, is a paper loss that has not been realized through sale and is not included in the statistics. In on-chain data, a sharp increase in realized losses usually means a large number of holders are selling at a loss, reflecting a market-wide stop-loss or "capitulation" sell-off, often accompanied by a significant weakening of market sentiment.

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