Data: XRP recorded its largest realized loss since November 2022, with a weekly realized loss of 1.93 billion dollars

According to CoinDesk, Santiment data shows that XRP has just recorded its largest realized loss since November 2022, with a weekly realized loss of $1.93 billion, indicating a panic sell-off among holders.

Note: Realized loss refers to the loss that investors confirm and lock in when selling an asset at a price lower than their purchase cost; in contrast, unrealized loss is merely a paper loss and is not counted until the asset is sold. A significant increase in realized loss in on-chain data typically indicates that a large number of holders are choosing to sell while at a loss, reflecting a concentrated stop-loss or "capitulation sell-off" in the market, often accompanied by a significant weakening of sentiment.