XRP Falls 4% as Network Records Largest Realized Loss Spike Since 2022

Guy Fawkes 2026.02.24 2 min read

A rare signal is flashing for Ripple (XRP). As the token’s price dipped 4% recently, testing the $1.30 level, on-chain data revealed a massive spike in realized losses. This is the largest recording of its kind since 2022. While painful for holders in the short term, could this historical pattern suggest that this extreme panic could actually signal a turning point?

The XRP network recorded approximately $1.93 billion in realized losses in a single week. To put that in perspective, the last time losses reached this magnitude was roughly 39 months ago, back in late 2022.

XRP Hovers Near Make-or-Break $1.4 Support as Traders Watch Historical Rally Level – https://t.co/pd3kAl7Nw9 – #rallylevel #sec #xrp pic.twitter.com/SEsEzLJGvj

— The Currency Analytics (@TheCurrencyA) February 23, 2026

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Following Similar Pattern In 2022, XRP Went On To Rally 114%

Historically, when the crowd panic-sells, the market often finds a bottom soon after. Following the similar 2022 pattern, XRP went on to rally 114% over the subsequent eight months. But yes, these events tend to “flush out” short-term, emotional traders, transferring coins to investors with stronger conviction.

If you have been nervously watching your portfolio turn red, you are definitely not alone. It is helpful to understand exactly what this metric says about market psychology. A “realized loss” happens when an investor actually sells their coins for less than they bought them for. This is different from a paper loss.

This huge sell-off implies that someone is on the other side buying up these coins. We have seen related trends where XRP is vanishing from exchanges as whales accumulate, suggesting that larger players may be absorbing the liquidity created by retail panic.

When realized losses spike dramatically, it represents capitulation. It happens when investors decide to take the hit and exit the market rather than wait for a rebound. Recent reports indicate that XRP holders are realizing losses and panic selling at rates we haven’t seen in years.

The current price is still fighting to hold above the $1.30 support level. A spike in realized losses shows that sellers are exhausted, but it doesn’t guarantee the price will shoot up immediately. The market still needs to work through macro headwinds.

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