🚨 $XRP XRP Open Interest Crashes 50%! What’s Next for Price? 💥

Over the weekend, $XRP XRP’s Open Interest (OI) plunged over 50%, falling from $8.36B → $4.22B, signaling heavy market deleveraging and weak trader confidence.

On Binance, XRP’s OI collapsed 53%, from $1.3B → $607M, showing traders are pulling out of leveraged positions.

This drop matched XRP’s wild price swing — from $2.4 → $0.8 → $2.46 — as the market turned volatile.

📉 What it means:

Traders are cautious — fewer leveraged bets.

Current price rise likely driven by spot buyers, not futures traders.

XRP must break above

XRP
XRPUSDT
1.3916
+2.42%
BTC
BTC
74,780
+0.95%
BNB
BNB
623.55
+1.53%