XRP Derivatives Collapse Deepens as Open Interest Crashes 71%: Glassnode

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. In fact, new data suggests that XRP’s derivatives market has taken a major hit. Weak Speculative Demand Glassnode reported that after the early October 2025 deleveraging event, XRP perpetual open interest dropped shar…