Traders of $XRP are currently underwater. Average returns have just plunged to -41% MVRV, a capitulation record not seen since the FTX crash in November 2022.

Why is this a major signal?

Historically, this level of "suffering" in the market does not last. It has often marked the best accumulation zones (local bottoms) before a rebound.

• The observation: The majority of holders are experiencing significant unrealized losses.

• The strategy: Smart Money never buys when everyone is euphoric. It precisely waits for these moments of distress when the crowd wants to give up everything.

The indicator to watch: We are at a psychological tipping point.

So, simple "FUD" or generational buying opportunity? 📉👀