The open interest volume of XRP futures has significantly decreased, and speculative enthusiasm has weakened

As of October 10th, the open interest of XRP futures decreased from 1.7 billion XRP at the beginning of October to 700 million XRP, a decrease of about 59%; At the same time, the funding rate decreased from approximately 0.01% to 0.001% (7-day simple moving average). This change marks a significant decrease in speculative enthusiasm for the rise of XRP in the market. （glassnode）