XRP Near Exhaustion Zone After 34% Holder Drawdown. Could Macro Easing Pump Demand?

Heavy selling pressure drives XRP 2% lower before stabilization near key support. Institutional positioning and fresh open interest suggest accumulation at current levels. XRP extended its decline through the October 16–17 session, sliding 2% from $2.41 to $2.36 amid ongoing institutional liquidation. Market data show more than 150M in daily volume as long-term holders trimmed positions by 34% over the past two weeks. The Hodler Net Position Change metric fell from 163.7M to 107.8M tokens — a clear sign ...