{"id":43000,"date":"2026-04-14T08:12:32","date_gmt":"2026-04-14T08:12:32","guid":{"rendered":"https:\/\/financialrush.com\/?p=43000"},"modified":"2026-04-14T08:12:32","modified_gmt":"2026-04-14T08:12:32","slug":"xrp-derivatives-collapse-deepens-as-open-interest-crashes-71-glassnode","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=43000","title":{"rendered":"XRP Derivatives Collapse Deepens as Open Interest Crashes 71%: Glassnode"},"content":{"rendered":"<p> \n<br \/><\/p>\n<div>\n<p>&#13;<br \/>\n\t\t\t\t\t\t\t\t\tXRP market weakness continues as open interest contracts and investors book heavy losses.\t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n<div>\n<p>Investors are becoming increasingly cautious due to the ongoing geopolitical turmoil. The XRP market is also seeing significant weakness as traders appear to be pulling back from the crypto asset.<\/p>\n<p>In fact, new data suggests that XRP\u2019s derivatives market has taken a major hit.<\/p>\n<h2 id=\"weak-speculative-demand\">Weak Speculative Demand<\/h2>\n<p>Glassnode <a href=\"https:\/\/x.com\/glassnode\/status\/2041137501029433852\" target=\"_blank\">reported<\/a> that after the early October 2025 deleveraging event, XRP perpetual open interest dropped sharply from 7 billion to 2 billion tokens, a 71% decline.<\/p>\n<p>The analytics firm observed that positioning has continued to shrink, and open interest fell another 25% to 1.5 billion XRP. Such a pattern potentially means that speculative activity remains low across derivatives markets.<\/p>\n<p>In a separate update last week, Glassnode observed that more than half of XRP\u2019s supply remains underwater. Investors who accumulated above $2 over the past 12 months have been realizing losses at a pace of $20 million to $110 million per day since November 2025, as selling pressure continues.<\/p>\n<p>Amid this backdrop of weakening participation and losses, XRP is seeing widespread pessimism. Santiment <a href=\"https:\/\/cryptopotato.com\/xrp-sentiment-hits-extreme-fud-levels-could-a-relief-rally-be-coming\/\">reported<\/a> that fear, uncertainty, and doubt surrounding XRP have climbed to their third-highest level in the past two years. The change comes after more than 60% price decline over the last nine months, which has driven many retail participants out of the market.<\/p>\n<p>Historically, such spikes in bearish sentiment have coincided with a higher likelihood of relief rallies, as prices often move against prevailing expectations. As such, the current market structure could present an entry point.<\/p>\n<h3 id=\"you-may-also-like\" class=\"heading-4\">You may also like:<\/h3>\n<h2 id=\"target-points\">Target Points<\/h2>\n<p>Analyst Ali Martinez <a href=\"https:\/\/x.com\/alicharts\/status\/2043351937811354030\" target=\"_blank\">flagged<\/a> that XRP continues to trade within a large ascending triangle that has been forming on the monthly chart for nearly nine years. According to his analysis, the asset has repeatedly faced rejection at a major resistance level of $3.30 before retracing to a rising support trendline.<\/p>\n<p>Following the latest rejection in August 2025, he expects XRP to retest the $0.75 to $0.80 range. Martinez also described this zone as a key accumulation area, while noting that a breakout from such a long consolidation could lead to a significant move.<\/p>\n<div class=\"code-block code-block-12\" style=\"margin: 8px 0; clear: both;\">\n<div><center><span style=\"font-size:11px; color: gray;\">SPECIAL OFFER (Exclusive)<\/span><\/center><br \/>\n<b>Binance Free $600 (CryptoPotato Exclusive): <a href=\"https:\/\/cryptopotato.com\/binance600f\/\" rel=\"nofollow\">Use this link<\/a> to register a new account and receive $600 exclusive welcome offer on Binance<\/b> (<a href=\"https:\/\/cryptopotato.com\/binance600d\/\">full details<\/a>).<\/p>\n<p><b>LIMITED OFFER for CryptoPotato readers at Bybit: <a href=\"https:\/\/cryptopotato.com\/pl\/bybit24\/\" rel=\"nofollow\">Use this link<\/a> to register and open a $500 FREE position on any coin!<\/b><\/p>\n<\/div>\n<\/div>\n<p><!-- CONTENT END 1 --><\/p><\/div>\n\n<br \/><a href=\"https:\/\/cryptopotato.com\/xrp-derivatives-collapse-deepens-as-open-interest-crashes-71-glassnode\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"&#13; XRP market weakness continues as open interest contracts and investors book heavy losses. Investors are becoming increasingly&hellip;\n","protected":false},"author":2,"featured_media":36205,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":{"0":"post-43000","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-crypto","8":"cs-entry","9":"cs-video-wrap"},"_links":{"self":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/43000","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=43000"}],"version-history":[{"count":0,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/43000\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/media\/36205"}],"wp:attachment":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=43000"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=43000"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=43000"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}