<ul><li>XRP's Open Interest plunged from an all-time high to $530 million, wiping out leveraged traders.</li><li>Open Interest is rising alongside price, hinting at a return of speculation and volatility.</li><li>Funding rates turned negative during correction, now neutral with growing short positions and subdued funding.</li><li>Binance's Taker Buy/Sell Ratio shows market selling dominance, but strong price resilience suggests buyer absorption, potentially signaling a breakout.</li></ul>

XRP Price Primed for Breakout? Binance Data Suggests Strong Absorption

Discover more