XRP MVRV Sinks to 2020 Lows as Average Trader Losses Hit -47% and Fear Grips the Market

TLDR: XRP 30-day MVRV ratio has fallen to its lowest level recorded since December 2020 cycle lows. Average traders active in the past 30 days are currently holding unrealized losses of around -47%. Crowd sentiment dropped to 1.1 bullish comments per bearish comment, placing XRP in the FUD zone. Historically, deeply negative MVRV readings have [...]

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