Some Ripple holders $XRP are starting to buy

Investors are actively accumulating XRP, as evidenced by the decline in the net position of the token on exchanges. The indicator has reached a 5-month low, indicating a net outflow from trading platforms. Over the past week, more than 312 million XRP worth around $950 million has been purchased. This indicates optimism regarding a potential price recovery.

Strong accumulation reflects the confidence of retail and institutional investors in Ripple's potential. The price has recently declined, but the trend of accumulation shows that investors are preparing for long-term growth.

The HODLer Net Position indicator tracks the movement of long-term holders (LTH) inventories. It shows that in recent days, such investors have started buying after a period of selling. However, LTH has not yet repurchased all the XRP tokens sold in the last month.

Without a significant increase in purchases, the bearish sentiment of LTH may continue to put pressure on the price of Ripple. These holders play a key role in price movement, and their indecision signals caution. $LAYER $BB