XRP is sitting on a volatility trap as liquidity dries up and leverage builds

CryptoQuant data shows XRP's 30-day liquidity index on Binance has fallen to about 0.043, its lowest level since January 2020, while futures open interest on the exchange sits near $488.3 million. Liquidity is draining from the order book while leverage stays active, leaving the market compressed beneath a surface that reads as quiet. XRP's consolidation [ ]