XRP MVRV Hits Lowest Level Since 2020 As Traders Sell Into Fear

XRP traders are sitting on deep short-term losses, with Santiment Intelligence saying the token’s 30-day MVRV has fallen to its lowest level since December 2020. The on-chain analytics firm framed the move as an “extreme undervalued zone” after months of selling pressure pushed recent buyers heavily underwater. The chart shared by Santiment tracks XRP Ledger’s price alongside its 30-day and 365-day MVRV ratios on Sanbase. It shows XRP’s 30-day MVRV at roughly minus 47%, while the 365-day reading