XRP Hits $1 Liquidity Pocket as $400M Open Interest Surge Raises Risk
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XRP has approached a major liquidity pocket near $1 as open interest surged roughly $400M and funding rates climbed, signaling increased market leverage. CryptoInsightUK warns heavy liquidity at that level and rising open interest heighten downside risk and could trigger a sharp move either way, raising concerns for traders, DeFi participants and DEX liquidity providers.
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XRP has now moved close to a major liquidity zone around $1 as open interest and funding rates continue to rise, raising downside risk. Prominent crypto analyst CryptoInsightUK called attention to this structure and warned that heavy liquidity alongside growing leverage could lead to a sharp move in either direction.
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