Just saw the sad XRP news. Holders are really experiencing heavy losses. According to the latest data from Santiment, XRP's MVRV metric is now at its lowest since the FTX collapse, meaning most holders are currently at about a 41% loss. This is no small matter.

The XRP price today dropped another 2.89%, coming to around $1.41, down more than 60% from its peak several months ago. Data from Glassnode confirms that over 56% of the circulating XRP is in loss. Those who bought above $2 are still seeing losses. Every day, holders are exiting positions at a loss, preventing XRP from making a strong recovery.

But interestingly, in the past, when MVRV drops to this level, it often signals a bottom. Data indicates the last time this happened was December 2022, and afterward, XRP increased by about 63% in less than five months. If history repeats itself, buyers today might see gains. This content is not investment advice; just noting that the market seems to be positioning itself now. When weak holders are gone, it might be the time for long-term buyers to step in.