XRP futures open interest drops 30% to $7.7 billion from $11 billion, signaling cooling activity. Fair value gap at $2.33–$2.65 could serve as demand zone. Price stabilization may follow OI decline. Liquidations remain low, reducing risk of sell pressure. Traders see potential for price bottom if $2.33-$2.65 zone holds.

XRP’s recent rally to $3.66 saw significant inflows to exchanges, mainly from whale cohorts. Exchange inflows often precede market tops. XRP consolidates near $3, facing selling pressure. Downside risk to $2.6 if whales offload. Defense of $3 could lead to another bullish push. Long-term targets above $5 in 2025 possible despite volatility.

Read more at Cointelegraph: XRP Open Interest Dips 30% Amid Whale Inflows