XRP Funding Rates Turn Negative as ETF Vaults Hold Over 800 Million Tokens

TLDR: XRP funding rate stands at -0.00323 with both 30-day and 50-day moving averages trending sharply downward currently. Negative funding spikes historically mark local bottoms and precede relief rallies rather than sustained selling pressure. Over 800 million XRP tokens now locked in ETF vaults, approaching the 1 billion milestone mark in coming period. Short-heavy positioning [...]

The post XRP Funding Rates Turn Negative as ETF Vaults Hold Over 800 Million Tokens appeared first on Blockonomi.