XRP derivatives funding rates soared by over 360% on December 10, 2025, as reported by CryptoQuant. This significant increase in funding rates was accompanied by a 3.18% rise in open interest, signaling an influx of new capital into the market. The elevated funding rates indicate that leveraged long positions are being maintained at a premium, which could lead to a long squeeze if XRP prices decline. At the time of reporting, XRP was priced at $2.06, reflecting mixed short-term momentum.