XRP Derivatives Collapse Deepens as Open Interest Crashes 71%: Glassnode

XRP Derivatives Collapse Deepens as Open Interest Crashes 71%: Glassnode

Dark Mode Toggle Ball Crypto News Today Market Updates Margin Trading Guides Videos Price Analysis BTC Analysis ETH Analysis XRP Analysis Bitcoin For Beginners Interviews Editorials DeFi & NFT Buy Crypto Language Bulgarian Turkish Spanish © Copyright CryptoPotato Home » Crypto News Investors are becoming increasingly cautious due to the ongoing geopolitical turmoil. The XRP market is also seeing significant weakness as traders appear to be pulling back from the crypto asset. In fact, new data suggests that XRP’s derivatives market has taken a major hit. Glassnode reported that after the early October 2025 deleveraging event, XRP perpetual open interest dropped sharply from 7 billion to 2 billion tokens, a 71% decline. The analytics firm observed that positioning has continued to shrink, and open interest fell another 25% to 1.5 billion XRP. Such a pattern potentially means that speculati

Source: https://cryptopotato.com/xrp-derivatives-collapse-deepens-as-open-interest-crashes-71-glassnode/