1,920,000,000 XRP in 24 Hours: XRP Defies Bearish Futures Trend

1,920,000,000 XRP in 24 Hours: XRP Defies Bearish Futures Trend

Source: UToday

Published:2026-01-31 20:30

BTC Price:$77278

#XRP #Futures #Rebound

Analysis

Price Impact

Med

Xrp's open interest surged by 1.27% over 24 hours while its spot price declined by 4.54%. this divergence suggests traders are either hedging against volatility or actively opening new positions in anticipation of a rebound, contrasting with bearish futures trends in bitcoin.

Trustworthiness

High

The analysis is based on observable market data from coinglass and reported by u.today, a reputable crypto news source, providing clear statistics on open interest and price movements.

Price Direction

Neutral

While the spot price is currently bearish, retesting low levels, the increased open interest and optimism in the futures market suggest a potential for an imminent rebound, counteracting the immediate downside pressure. traders are accumulating or hedging, indicating a potential bottom.

Time Effect

Short

The data analyzed covers a 24-hour period, and the article discusses 'brief' signs of recovery and 'imminent' rebound, focusing on short-term market dynamics and trader sentiment.

Original Article:

Article Content:

Cover image via U.Today Read U.TODAY on Google News XRP flips Bitcoin in futures market XRP retests $1.6 level Advertisement XRP has continued to show heavy price declines amid the broad crypto market downturn, retesting levels not seen in the past few months. However, the XRP derivatives market has flashed a brief sign of recovery as its open interest has suddenly turned green among many other top crypto assets that have retained negative sentiment. Data from CoinGlass showed that XRP’s open interest has briefly surged by 1.27% over the last day, with over 1.92 million XRP committed to active contracts over the period. HOT Stories Ripple CTO Emeritus Breaks Silence on XRP and XLM in Epstein Files Crypto Market Review: Did XRP Downtrend End? Shiba Inu (SHIB) Taking a Beating, Bitcoin (BTC) Safe Above $80,000 U.Today Crypto Digest: XRP Millionaires Awaken, Shiba Inu Buyers Step In, Dogecoin Sees 10,782% Rise in Futures Volume Scaramucci: ‘Get Ready’ as Bitcoin Firms Against Falling Gold XRP flips Bitcoin in futures market The surge in the XRP open interest comes as a surprise as other leading cryptocurrencies, including Bitcoin , have only recorded notable declines in open interest during the period. Advertisement While XRP has seen a mild increase of 1.27% in its open interest during the period, Bitcoin, on the other hand, has declined by about 2.57% in open interest during the same period, suggesting increased optimism among investors for a possible rebound in XRP’s price over that of Bitcoin. You Might Also Like Sat, 01/31/2026 - 10:00 Ripple CTO Emeritus Breaks Silence on XRP and XLM in Epstein Files By Dan Burgin With the surge in XRP’s open interest coinciding with a notable decline in the trading price of the asset, it appears that the XRP future traders are opening new positions to hedge against the market volatility rather than closing the existing positions. Advertisement XRP retests $1.6 level Amid the broad crypto market downturn, XRP is seeing a heavy decline in its price. While it has slumped by a massive 4.54% over the last day, the asset is currently trading at $1.67, a level not seen since 2025. While the massive price decline has coincided with the brief surge in its open interest, investors are optimistic that a recovery in the price of the asset might be imminent. #XRP #XRP Price Prediction #Bitcoin