Markets· ★★★· bearish·

XRP holds near $1.31 as futures open interest slips below $3B

  • —XRP at $1.31: up 1% daily, down 7% weekly
  • —XRP futures open interest fell to $2.86B from $3.1B
  • —Open interest on Binance and Bybit dropped 26.5% from Sept. 23 to Oct. 16
  • —$1.84M outflow from US XRP ETFs ended 13 weeks of inflows
Why it matters: Lower leverage cuts cascade-liquidation risk, but without spot volume reclaiming $1.35 a durable recovery looks unlikely.
#XRP
Source: Cointribune
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