On-chain data shows Realized Loss has spiked on the XRP network, with investors taking the highest daily loss since April 2025.
The metric works by going through the transaction history of each token being sold to see what price it was moved at prior to this. If the last transaction price for any coin was more than the value that it’s now being moved at, then the token’s sale is realizing some net loss.
The exact amount of loss harvested in the transfer is naturally equal to the difference between the two prices. The Realized Loss sums up this value for transactions across the network to find the total situation.
Now, here is the chart shared by Glassnode that shows the trend in the 30-day exponential moving average (EMA) XRP Realized Loss over the last few years:
As displayed in the above graph, the XRP Realized Loss has witnessed a strong surge recently, indicating investors have ramped up loss taking. This trend has emerged as the cryptocurrency’s price has gone through its crash.
The indicator’s 30-day EMA value is now sitting at around $75 million, which is the highest that it has been since April 2025. Back then, the spike in loss realization led to a bottom for the asset.
For now, the metric is still notably under the highs from earlier in the year, so it only remains to be seen whether XRP investor capitulation has been of a sufficient degree to force at least a local bottom or not.
Bearish momentum has continued in the cryptocurrency sector during the past day, and XRP has been no exception as its price has plummeted to the $1.89 mark. In fact, the coin has been among the worst weekly performers, sitting 17.5% down, better than only Cardano’s return among the top 20 coins by market cap.