Update
Binance XRP Futures Open Interest Falls
CryptoQuant reported that Binance XRP futures open interest fell by 15.8% from $538.1 million on October 4 to $453 million. The Binance estimated leverage ratio also decreased from 0.205 to 0.170. Long liquidations reached $25.7 million on October 7 and October 8, and funding was negative on six of the last eleven days in the observation period.