MarketPR
On-chain data tracked by Glassnode shows $XRP holders are selling at a loss, a pattern analysts call capitulation.
That forced, pain-driven exit behavior has historically appeared near cycle lows — though the signal carries no guarantee of timing or magnitude.
What the On-Chain Data Shows Glassnode, which monitors blockchain transactions to assess holder behavior, flagged the loss-selling dynamic in the $XRP market.
Capitulation is a specific on-chain condition: it occurs when a critical mass of holders — people who bought at higher prices — finally give up and sell below their cost basis rather than wait for a recovery.
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