XRP on-chain ache has drawn contemporary consideration this week. Realized losses surged to almost $2 billion over a one-week span. That form of transfer grabs merchants’ eyes as a result of it typically marks a clearing out of weaker holders.
Associated Studying
Santiment Exhibits Heavy Realized Losses
In accordance with Santiment, the spike is the most important since 2022. Realized losses occur when folks promote for lower than what they paid. It’s a measure of capitulation. In previous cycles, comparable spikes occurred close to main lows and have been adopted by sturdy rallies.
📉 BREAKING: XRP has seen its largest on-chain realized loss spike since 2022. When the earlier weekly milestone of -1.93B in realized losses occurred 39 months in the past, $XRP proceeded to leap +114% over the following 8 months.
💸 Vital realized losses occur when a big quantity… pic.twitter.com/gPUU8fYfiY
— Santiment (@santimentfeed) February 21, 2026

One historic episode that merchants level to noticed an enormous loss week earlier than a 114% climb over roughly eight months. Nonetheless, that consequence got here from a selected set of market situations that aren’t assured to reappear.
When Many Small Holders Go away
The current spike in realized losses has drawn consideration from market individuals. When traders promote at a loss, the metric rises, reflecting the size of cash altering arms under their buy value. Analysts typically monitor this knowledge to evaluate shifts in provide and demand.
Realized revenue and loss figures are generally used to trace market habits in periods of sharp value motion. Whereas the info highlights the extent of losses being locked in, value course sometimes will depend on broader buying and selling exercise, liquidity situations, and total market traits.
Worth Strikes And Market Tone
XRP traded close to $1.45 on the time of those stories, up about 1.50% over 24 hours however down roughly 24% for the month. The token moved principally in keeping with Bitcoin throughout a broader market bounce.
Brief-term power like that may be a begin. It may also be a short reprieve inside an extended correction. Merchants watching the charts need to see extra quantity and clear ranges taken earlier than calling a pattern change.
My #XRP value targets for the following three months:
March $13
April $27
Could $70— CryptoBull (@CryptoBull2020) February 21, 2026
Why Some Forecasts Stretch Actuality
Analyst targets working into double and triple digits have circulated on-line. CryptoBull’s requires $13, $27, and $70 in a matter of months are excessive and would require dramatic new capital flows.
Market cap math reveals these strikes want far bigger demand than informal optimism gives. Different analysts used prior cycle lows to estimate a doable macro flooring between $0.75 and $0.85 by making use of a roughly 2.8x a number of.
Associated Studying
A Good Sign
Taken collectively, the info has revived dialogue round a uncommon on-chain sign that previously got here earlier than a 114% advance.
Santiment’s newest figures present realized losses reaching ranges not seen since 2022, inserting the metric again in focus for merchants monitoring cycle habits.
Whether or not historical past repeats will depend upon incoming demand, broader crypto sentiment, and sustained shopping for stress within the weeks forward. For now, the sign has flashed once more, and the market is watching to see what follows.
Featured picture from Pexels, chart from TradingView
