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XRP Funding Rate Hits -20%, Reflecting Market Imbalance and Weakness

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XRP
$1.91345-0.7%
XRP’s funding rate plunged to -20%, signaling extreme bearish pressure and weak demand. The fear and greed index for XRP remains deep in fear territory as the token has lost 45% since July. Open interest is stuck at $2.8 billion, while network activity hit a yearly low of $68 million. Institutional interest is fading, with ETFs and stablecoin flows shifting to other chains.
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