Dogecoin, Solana, and XRP’s Open Interest Declined: Is This a Bearish Signal?

Recent data highlights a significant downturn in the open interest of major cryptocurrencies such as Dogecoin (DOGE), Solana (SOL), and Ripple (XRP). With a combined drop of 51%, these altcoins spark debate over the implications for their future market positions. Open Interest Declines Across the Crypto Market Open interest, a crucial indicator of market sentiment and liquidity,... source: https://beincrypto.com/dogecoin-solana-xrp-open-interest-declined/