XRP’s derivatives market is still frozen after the flush ⚡

After the early-October wick sweep erased 71% of open interest from $7B to $2B, OI has slipped again to around 1.5B XRP. That’s a clear sign leveraged players are still de-risking, while liquidations over the last 24 hours show longs are still getting punished. For now, the market feels paused: whales are rotating elsewhere, and $XRP needs a real breakout signal before speculative flow comes back.

Not financial advice. Manage your risk and protect your capital.

#XRP #Crypto #Altcoins #Derivatives #Whales ⚡

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