XRP drops below $1.9, contract market confidence weakens

2025-12-17 16:20:10

【Crypto World】The upward momentum of XRP has clearly weakened. Over the past couple of days, the price broke below the key support level of $2 and is now hovering around $1.90, with a 24-hour decline of 1.4%. The overall enthusiasm in the crypto market is also waning, and XRP’s performance is just a microcosm of this adjustment.

From the derivatives market perspective, the signals are even more evident—XRP’s open interest in futures contracts has decreased by 4.92%, with the total falling to $3.45 billion. This directly reflects a change in market participants’ sentiment, with buyers’ enthusiasm clearly diminishing.

Interestingly, although the price is weakening, the structure of the derivatives market remains quite stable. A leading futures exchange dominates with over 22% of open interest, holding 403.6 million XRP worth $77 million. Additionally, a major spot exchange and a professional trading platform also hold significant positions. This indicates that institutions and professional traders are still active in this market, but the current game is more tilted towards a bearish outlook.

XRP-4,76%

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GasFeeVictim

· 2025-12-18 14:10

It has fallen below $2 again, and the contract is bleeding. This round of adjustment doesn't seem to end anytime soon.

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DiamondHands

· 2025-12-17 16:47

Selling at a loss, selling at a loss, once again caught in a trap. The 1.9 level still couldn't be held. Institutions are holding steady, but retail investors are left playing a blind game again. Contract volume is still declining, indicating that no one really has confidence. When will this wave of correction finally end?

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FloorPriceWatcher

· 2025-12-17 16:44

Can't even hold onto 2, laugh out loud... institutions are still holding on tightly.

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RugPullAlertBot

· 2025-12-17 16:33

Hmm... Institutions are bottom-fishing, retail investors are taking losses. How many times has this trick been played?

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BrokenYield

· 2025-12-17 16:20

broke through $2 support? nah, this is just smart money shaking out the leverage addicts... watch the open interest collapse—that's always the tell before the real move. institutions holding steady while retail panic sells, textbook liquidity crisis setup tbh

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