1.81 Billion XRP Futures Positions Shrink as Open Interest and Volume Slide Below $2
XRP has fallen back under the $2 mark, with the price hovering near $1.90 and sliding about 1.4% over the last 24 hours as futures metrics weaken. CoinGlass data shows XRP futures open interest dropped 4.92% over the same period to roughly 1.81 billion tokens, while trading volume declined by nearly 40%. CME remains the largest venue for XRP derivatives, holding more than 22% of open interest and about 403.6 million XRP in futures exposure.