Ether open interest drops 7.8%, largest decline among top crypto assets; XRP leads funding rates at 10.9% annualized.

XRP drops 14% after $40M in long positions liquidated, risking a fall below $1 support level.

XRP has fallen for five consecutive days, losing about 14% after nearly $40 million in leveraged long positions were liquidated on November 8. This forced selling has increased fears that XRP could drop below its critical $1 support level, with a tec...