XRP On-Chain Realized Loss Reaches $1.93 Billion, Possible Market Bottom Signal

ripple

February 23, 2026

Data from blockchain analytics platform Santiment shows that XRP has experienced its most significant on-chain realized loss spike since November 2022. This spike indicates that there has been a large amount of XRP being moved at a loss, which could suggest that investors are selling their holdings at a price lower than what they initially paid.

The on-chain realized loss metric measures the difference between the price at which a coin was acquired and the price at which it is being moved on the blockchain. When this metric spikes, it indicates that a large amount of the cryptocurrency is being moved at a loss, signaling potential bearish sentiment among investors.

While XRP has seen its on-chain realized loss spike, it is important to note that this metric does not necessarily mean that the overall market sentiment towards XRP is bearish. Instead, it could simply be a reflection of short-term trading activity or profit-taking by some investors.

Despite the spike in on-chain realized losses, XRP has been showing signs of strength in other areas. For example, the cryptocurrency recently experienced a price surge, reaching new highs for the year. This price action could be attributed to various factors, such as positive news developments or increased interest from institutional investors.

It is also worth noting that XRP has a dedicated community of supporters who believe in the long-term potential of the cryptocurrency. These supporters often point to the utility of XRP in cross-border payments and the partnerships that Ripple, the company behind XRP, has established with various financial institutions.

In conclusion, while XRP has experienced a significant on-chain realized loss spike, it is essential to consider other factors that may be influencing the cryptocurrency’s price and market sentiment. The crypto market is known for its volatility, and price movements can be influenced by a wide range of factors. Investors should conduct their research and consider all available information before making any investment decisions.