Key takeaways:<\/strong><\/p>\n XRP open interest has dropped 30%, signaling cooling futures activity. <\/p>\n<\/li>\n A fair value gap at $2.33\u2013$2.65 is a key demand zone if selling pressure persists.<\/p>\n<\/li>\n Elevated whale inflows hint at profit-taking, but XRP\u2019s long-term uptrend toward $5 in 2025 remains intact.<\/p>\n<\/li>\n<\/ul>\n XRP (XRP<\/a>) futures open interest (OI) has decreased<\/a> by 30% over the past month, falling to $7.7 billion from $11 billion, while prices have retreated from a peak of $3.66. A decline in open interest typically reflects a dip in speculative activity, signaling either profit-taking or waning conviction among leveraged traders.<\/p>\n A similar outcome occurred in Q1, with XRP\u2019s OI plummeting to $3 billion from $8.5 billion, a steep 65% drawdown, with spot prices falling more than 50%. The current setup echoes that trend, though with less severity, suggesting traders could exhibit accumulation once OI finds a new base range.<\/p>\n Technically, XRP has a daily fair value gap between $2.33 and $2.65, making this range a probable demand zone if open interest continues to decline. A moderation in OI often precedes periods of price stabilization or a fresh accumulation phase, which historically has offered attractive re-entry points before renewed rallies.<\/p>\n Importantly, liquidations remain relatively subdued. Only $22 million in longs were<\/a> wiped out on Monday, and $56 million during the 6% pullback on Aug. 14. Compared to typical washouts in overheated markets, these figures highlight a controlled leverage flush, reducing the risk of cascading sell pressure.<\/p>\n Overall, while the drop in open interest does raise caution, it also leaves room for a price bottom. If XRP holds the $2.33\u2013$2.65 zone, traders may interpret the cooling leverage backdrop as a potential springboard for the next leg higher, rather than a breakdown to new lows.\u00a0<\/p>\n Related:\u00a0XRP price fails to overcome $3: Is a breakout still possible?<\/strong><\/em><\/a><\/p>\n\n
XRP whale inflows keep price under near-term pressure<\/h2>\n