تجبر خسائر XRP المشترين المتأخرين على الخروج، وتحول كل ارتداد إلى منطقة بيع جديدة

XRP’s recent price struggles is starting to look less like routine underperformance and more like capitulation as long-term holders who bought above $2 over the past year are now realizing millions in losses. Data from Glassnode shows that this cohort has been realizing losses at roughly $20 million to $110 million a day amid the digital asset's 55% decline over the past six months to roughly $1.30. XRP Realized Losses (Source: Glassnode) This shift suggests that XRP's current selling pressure is driven by investors cutting risk on weakness rather than taking profits on strength. As a result, the market is crowded with late buyers under pressure, even as earlier entrants from the sub-$1 accumulation phase still have room to trim positions. Why this matters XRP is under pressure from the least supportive kind of selling. Recent buyers are being forced out by losses, while earlier holders still have enough profit to sell into strength. That leaves the token vulnerable to short-lived rebounds unless demand improves enough to absorb both groups. That has left XRP in its longest losing streak since 2014 and given the market a top-heavy structure, where any price rebounds struggle to hold. Selling pressure is coming from the wrong part of the market What makes the latest stretch more significant than an ordinary drawdown is the source of the selling. In earlier cycles, XRP holders typically sold into strength as prices rose and profits became harder to ignore. This time, the selling is arriving as the market weakens. Market observers have characterized the shift as “distribution into weakness,” a pattern that points to fading confidence in the token’s near-term direction. That helps explain why the decline has become harder to arrest. Recent buyers are now sitting on losses, while earlier holders remain in profit and can still reduce exposure in rallies. A market in that condition tends to struggle on the way up because every bounce gives one group a chance to cut losses