Alpha: $XRP Open Interest Drops 60% — What It Tells Us

$XRP OI surged to $2.6B, now sitting near $900M — a sharp 60%+ decline as price fell from $3.20 to $1.39.

This is a textbook leverage flush. Overextended longs cleared, speculative pressure reduced. The market is transitioning from hype-driven to spot-driven participation.

Historically, these resets tend to precede the next major move — not end it.

Not calling a bottom — calling a reset.

Key level to watch: $1.32. Lose that, and the structure weakens.

#XRP #Ripple #CryptoAlpha #OpenInterest