Jul 10, 2026
XRP Funding Rates Turn Extremely Bearish as Open Interest and Market Cap Slide
TLDR: XRP funding rates on Binance have turned extremely negative, signaling heavy short positioning. XRP has dropped 70% since July 2025, though it remains above its historical lows. Open interest fell to $350.6 million as leveraged traders exit futures positions broadly. NVT ratio stays elevated at 162.86, showing network activity lags behind valuation levels. XRP [...]
The post XRP Funding Rates Turn Extremely Bearish as Open Interest and Market Cap Slide appeared first on Blockonomi.
Source: Blockonomi →Related News
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