XRP Open Interest Falls to $504M on Binance, Signaling Potential Decline in Trader Participation

XRP Open Interest on Binance has declined to $504 million, the lowest since November 2024, due to reduced trader participation and negative funding rates signaling bearish sentiment. This drop from $1.7 billion reflects liquidity outflows and limited buyer activity amid weakening prices around $2. XRP Open Interest plummeted from $1.7 billion to $504 million on [...]