XRP open interest sheds $2.4B: Is a price crash next?

XRP futures data shows neutral sentiment despite the altcoin’s double-digit price drop from $3.66.

Key takeaways:

XRP open interest remains elevated despite the recent drop, suggesting traders are still holding leveraged positions.

Low onchain activity on the XRP Ledger raises doubts about sustainable price gains above the $3 resistance level.

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