Market Capitalization:3 870 770 990 788,8 USD
Vol. in 24 hours:279 282 416 059,73 USD
Dominance:BTC 58,78%
ETH:12,73%
Market Capitalization:3 870 770 990 788,8 USD
Vol. in 24 hours:279 282 416 059,73 USD
Dominance:BTC 58,78%
ETH:12,73%
Market Capitalization:3 870 770 990 788,8 USD
Vol. in 24 hours:279 282 416 059,73 USD
Dominance:BTC 58,78%
ETH:12,73%
Market Capitalization:3 870 770 990 788,8 USD
Vol. in 24 hours:279 282 416 059,73 USD
Dominance:BTC 58,78%
ETH:12,73%
Market Capitalization:3 870 770 990 788,8 USD
Vol. in 24 hours:279 282 416 059,73 USD
Dominance:BTC 58,78%
ETH:12,73%
Market Capitalization:3 870 770 990 788,8 USD
Vol. in 24 hours:279 282 416 059,73 USD
Dominance:BTC 58,78%
ETH:12,73%
Market Capitalization:3 870 770 990 788,8 USD
Vol. in 24 hours:279 282 416 059,73 USD
Dominance:BTC 58,78%
ETH:12,73%
Market Capitalization:3 870 770 990 788,8 USD
Vol. in 24 hours:279 282 416 059,73 USD
Dominance:BTC 58,78%
ETH:12,73%
Market Capitalization:3 870 770 990 788,8 USD
Vol. in 24 hours:279 282 416 059,73 USD
Dominance:BTC 58,78%
ETH:12,73%
Market Capitalization:3 870 770 990 788,8 USD
Vol. in 24 hours:279 282 416 059,73 USD
Dominance:BTC 58,78%
ETH:12,73%
The significant $4.56 billion XRP open interest may be a deceptive signal, potentially indicating a bear trap.

XRP Open Interest Decline
A recent 45% decrease in XRP open interest doesn't fully represent the current market perspective.
Understanding Market Dynamics
While this significant drop in open interest might appear concerning, it's crucial to consider the broader context of market conditions before drawing conclusions about the overall outlook.
Beyond Open Interest
Several other factors influence the market, and analyzing solely the open interest data could lead to a misleading interpretation of the prevailing sentiment.