XRP Funding Rates Turn Extremely Bearish as Open Interest and Market Cap Slide
The post XRP Funding Rates Turn Extremely Bearish as Open Interest and Market Cap Slide appeared on BitcoinEthereumNews.com. TLDR: XRP funding rates on Binance have turned extremely negative, signaling heavy short positioning. XRP has dropped 70% since July 2025, though it remains above its historical lows. Open interest fell to $350.6 million as leveraged traders exit futures positions broadly. NVT ratio stays elevated at 162.86, showing network activity lags behind valuation levels. XRP funding rates have dropped to extremely negative levels as the token continues to trade under pressure. The broader altcoin market remains weak, with roughly 40% of altcoins sitting close to their all-time lows. XRP has avoided that fate so far, yet it has still lost around 70% of its value since reaching $2.45 in July 2025. Traders on Binance are increasingly positioning for further downside. Funding Rates Signal Extreme Pessimism Derivatives data shows that bearish sentiment toward XRP has intensifi