XRP open interest on Binance falls 15% from six-month high
- —XRP open interest on Binance fell 15.3% from a six-month high
- —Open interest stood at about $485 million as of October 1, 2026
- —XRP fell 5% over the same period, from $1.66 to $1.57
- —Funding rates and long/short ratios remain balanced
Why it matters: The drop in open interest signals deleveraging, reducing liquidation risk but also pointing to weaker demand for upside.
Source: Crypto Briefing