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

Core Viewpoint - XRP experienced a 2% decline, dropping from $2.41 to $2.36, amid significant institutional liquidation and market volatility [1] Market Activity - Daily trading volume exceeded $150 million, with long-term holders reducing their positions by 34% over the past two weeks [1] - The Hodler Net Position Change metric decreased from 163.7 million to 107.8 million tokens, indicating a trend of divestment following mid-month volatility [1] Open Interest and Positioning - Open interest rebounded to $1.36 billion as derivative traders began to rebuild their exposure after a weekend washout [1] - Market analysts suggest that the renewed trading activity could signal the beginning of tactical long positioning in anticipation of quarter-end ETF speculation and macro easing signals [1]