Santiment data indicates that XRP Ledger has recorded its largest spike in realized losses since 2022, marking a notable moment for traders and analysts tracking market sentiment. The surge reflects a wave of investors selling their holdings at prices below their original purchase cost, a phenomenon commonly associated with fear-driven capitulation. Historically, such events have drawn significant attention because they can signal the late stages of a downturn. The latest spike echoes a previous milestone roughly 39 months ago, when realized losses reached around negative $1.93 billion. Following that period, XRP went on to rally approximately 114% over the next
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