$XRP ‌$XRP keeps printing lower highs, sliding from $3.50 toward $1.50 — yet Open Interest is up ~12%.

That’s a classic divergence.

Rising OI into a falling price usually isn’t accumulation.
It’s leverage building:
• shorts leaning into weakness
• late longs chasing dip entries

ETF desk activity and hedging flows point to positioning, not spot demand.

As leverage thickens and price compresses, fragility increases.
These setups tend to lead to volatility expansion, not a clean reversal.

Watch positioning. Not narratives.