Data: The open interest in XRP futures has decreased from 1.7 billion XRP to 700 million XRP since the beginning of October, a drop of 59%.

[Data: The open interest of XRP futures has decreased from 1.7 billion XRP to 700 million XRP since the beginning of October, a decline of 59%] The data shows that since the beginning of October, the open interest of 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.