XRP Sees Realized Loss of $908,000,000, Largest Spike Since 2022: What History Tells Us

XRP has recorded its biggest on-chain realized loss spike since 2022, according to fresh data from analytics firm Santiment.

The development comes as XRP’s price attempts to stabilize after a major correction that has continued to frustrate holders. For context, XRP’s price fell 4.65% over the past day, bringing its weekly loss to 8.89% and its monthly loss to close to 30%.

Key Points

• XRP posts largest on-chain realized loss spike since 2022, signaling heavy selling at a loss.

• Market fear peaks as XRP drops 4.65% in a day, with weekly losses near 9% and monthly close to 30%.

• Historically, such realized loss spikes often precede significant rebounds in XRP price.

• Analysts see $1.11 retest possible, with potential rebound to $4–$10, citing shakeout and regulatory catalysts.

Largest Weekly Realized Loss Event Since 2022

In its latest update, Santiment revealed that XRP just recorded a realized loss of $908 million. This represents the largest weekly event since November 2022.

The last time such an extreme milestone occurred, the market recorded roughly $1.93 billion in realized losses. What followed was a notable 114% price increase over the next eight months.

Now, nearly 39 months later, XRP has once again entered a zone of heavy realized losses. This indicates that many investors have sold their holdings at a loss.

Panic Selling Hits XRP Holders

Realized losses occur when investors sell coins for less than their original purchase price. These events spike during periods of intense fear, as is the case now, with the market’s fear and greed index at 8. In other words, traders are cutting losses rather than holding through volatility.

For context, XRP is now down almost 70% from its 2025 peak of $3.66, currently trading at $1.30.

According to Santiment, such large-scale realized losses often mark emotional extremes in the market. Once panic peaks and weaker hands exit, a significant portion of selling pressure may already be exhausted. Simply put, after most fearful sellers are out, fewer participants remain to push prices lower.

This dynamic does not automatically trigger a rally. However, it can shift the supply-demand balance. If new buying pressure emerges after capitulation, even modest inflows can have a major impact on price.

Historical Example

Historically, major spikes in realized losses often occur near market bottoms. In 2022, after XRP hit a significant realized loss milestone, it later gained triple digits over eight months. While history doesn’t guarantee a repeat, similar on-chain signals are catching traders’ attention.

Santiment points out that tracking realized profits and losses can reveal when market emotions are stretched. Markets often move against the crowd, and high realized losses indicate capitulation.

Amid this, many analysts are urging investors to see current prices as a “generational” opportunity, suggesting the worst may be over.

What Analysts Are Saying

In a recent post, analyst CryptoBull argued that a retest of $1.11 is possible before a stronger rebound. He notes that XRP’s 3-day chart shows a “shakeout” phase, pushing out weak holders before a surge. He projects $4 by early March and $9 afterward, with some analysts even eyeing $10.

Positive catalysts may include regulatory clarity, with the Digital Asset Market Clarity Act potentially passing by April, and a teased “major XRP development” linked to Ripple.

Interestingly, AI models forecast a possible 2026 surge above $35, though skeptics question the feasibility given market cap and tokenomics.