XRP Liquidity Hits Lowest Level Since 2020 — What Happens Next?
The average XRP trader active over the past 30 days is currently sitting on a loss of roughly 47%, according to blockchain analytics firm Santiment. That figure comes from XRP’s 30-day Market Value to Realized Value ratio, which has now fallen to its lowest point since December 2020. Related Reading: Bitcoin Has Outpaced XRP Since 2017, According To Analyst Santiment says readings like this typically move back toward 0% over time, placing the current level in what analysts describe as an extreme undervalued zone. Similar conditions in past market cycles have appeared ahead of strong price rebounds, though the firm cautioned that a weak MVRV reading alone does not guarantee an immediate turnaround. 📉 The average XRP trader that has been active in the past 30 days is down a whopping -47% with many selling at the bottom. Historically, MVRV’s (average trading returns) will always average out to 0%, making this current time an extreme undervalued zone for $XRP. The chart shows… pic.twitter