XRP Rises 2% Near $1.05, but Holder Buying Sinks 11%

XRP rose about 2% to trade near $1.05 on July 2, but signs of weakening demand are building. According to BeInCrypto, volume has been lighter since June 26 and RSI sits at 37.97, with a developing hidden bearish divergence that would confirm if XRP fails to reclaim its swing high around $1.069 and closes lower. On-chain data shows HODLer Net Position Change fell about 11% to 213.6 million XRP on July 1 from roughly 239.3 million XRP on June 30. Futures positioning also cooled, with open interest down about 11% from $865.52 million on June 23 to $766.32 million now, while funding stayed negative.