XRP’s Historical Recovery Cues Meet Panic Selling – What’s Next For Price?
A report from Beincrypto says XRP has faced a sharp downturn, falling 24% over the past week as selling pressure intensified and pushed the altcoin into a vulnerable position, breaking a pattern of past recoveries. XRP’s Net Unrealized Profit and Loss is approaching the capitulation zone, where unrealized losses outweigh minor gains across the circulating supply.
Historically such conditions reduce selling incentives and can support price stabilization, but XRP has not yet shown clear signs of accumulation and selling pressure remains dominant. On-chain data reflects sustained panic selling: over the past week transactions executed at a loss have consistently exceeded profitable transfers, with transaction volume on February 2 registering $2.51 billion in losses versus $567 million in profit.
Exchange balance data shows more than 97 million XRP, valued at $140 million, flowed into exchange wallets in three days, reflecting growing fear and increased sell-side pressure.