XRP is under heavy selling pressure as the broader crypto market struggles with uncertainty, risk aversion, and fading bullish momentum. Fear continues to spread across investors, and liquidity conditions are tightening, putting additional weight on assets that previously demonstrated strength. Related Reading: Bitmine Scoops Up Another 28,625 Ethereum ($82. 1M) as Market Bleeds – Details One of the clearest signs of stress now comes from Binance data — the largest trading platform by volume — showing that XRP Open Interest has dropped to its lowest level since November 2024
source: https://www.newsbtc.com/xrp-news/xrp-oi-collapses-to-lowest-level-since-nov-2024-binance-data-shows-liquidity-is-fading/