XRP Derivatives Signal Bearish Sentiment

[AIcash]

XRP derivatives markets are dominated by bears:
• Funding rate on perpetual futures plunges to -20%, lowest since Oct. 10
• Open interest stagnant at $2.8B, down from $3.2B in late Nov
• XRP fell 9% in 2 days after rejection at $2.18

Traders are paying to stay long, showing weak bullish demand. Near-term recovery seems unlikely.

[Nahid Hossen]

Bearish sentiment in derivatives often reflects trader uncertainty before major price movements.