XRP Shows Record Realized Losses Since 2022 As Capitulation Hints At Potential Move Above $2

Santiment's latest on-chain data shows XRP has posted a realized loss of about -908 million XRP, the largest capitulation signal since November 2022 when losses neared -1.93 billion XRP. In that earlier episode, the sell-off marked a price floor and preceded an approximately 114% advance over eight months. XRP has recently dropped from above $3 into the mid-$1 range, and if a similar pattern plays out from around $1.35, a recovery toward or beyond the $2 level could follow.