Golden Finance reports that data shows that since early October, the open interest in XRP futures has decreased from 1.7 billion XRP to 700 million XRP, a decline of 59%; at the same time, the funding rate has also dropped from about 0.01% to 0.001%.
According to the blockchain data analysis platform Glassnode, this phenomenon signifies a structural stagnation in the market's speculative willingness towards XRP.
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