XRP Records Largest Realized Loss Since November 2022, with Weekly Realized Losses Reaching $1.93 Billion

Odaily News: According to Santiment data, XRP has just recorded its largest realized loss since November 2022, with weekly realized losses reaching $1.93 billion, indicating concentrated panic selling among holders.

Odaily Note: Realized loss refers to the actual, locked-in loss confirmed when an investor sells an asset at a price lower than its purchase cost. The corresponding unrealized loss is merely a paper loss and is not counted in statistics until the asset is sold. In on-chain data, a significant increase in realized losses typically indicates that a large number of token holders are choosing to sell at a loss, reflecting concentrated stop-loss or "capitulation selling" in the market, often accompanied by a significant weakening of sentiment. (CoinDesk)