Bitcoin and XRP See Leverage Unwind Amid Sharp Selloff
Falling open interest and negative XRP funding point to a market-wide reduction in leveraged exposure as both assets sell off sharply.
Falling open interest and negative XRP funding point to a market-wide reduction in leveraged exposure as both assets sell off sharply. Bitcoin (BTC) is trading at ₹60,92,724 ($64,636.00), down 1.8% since this brief published. This is an original Token Times brief based on reporting by CaptainAltcoin, with live market data added, as of Sun, 15 Nov 2026 02:45:01 UTC.
Leverage is being removed during a broad downturn, potentially changing the positioning backdrop for Bitcoin and XRP. The move may reduce forced-selling pressure, but the supplied data do not establish that a market bottom has formed.
- Bitcoin traded near $65,807 after falling 4.61% over 24 hours.
- XRP slipped below $1 to $0.955145, down 6.93%.
- Leverage is declining across Bitcoin and XRP.
- Crypto sentiment registered extreme fear at 13.
- Bitcoin Slips Below $65K as Binance Leverage and Liquidations Unwind
- Bitcoin and XRP See Leverage Unwind Amid Sharp Selloff — this brief
CaptainAltcoin, citing analysis from Cryptoinsightuk, reports that leveraged positioning has contracted across 
Bitcoin and 
XRP. Open interest is falling for both assets, while XRP funding has turned negative, according to the summary. The outlet presents the deleveraging as a potentially healthier underlying signal despite weak prices, without confirming that either asset has reached a bottom.
Live pricing underscores the severity of the move. Bitcoin stands at $65,807, down 4.61% over 24 hours and 13.32% over seven days, while XRP trades at $0.955145 after declines of 6.93% and 18.10%, respectively. Bitcoin’s market capitalization is $1.32 trillion, and XRP’s is $60.67 billion.
The positioning data provides context for the selloff: traders appear to be reducing leveraged exposure while prices decline, and negative XRP funding shows that sentiment among leveraged XRP participants has turned bearish. CaptainAltcoin’s framing emphasizes improving market structure beneath the surface, although the available coverage offers no direct evidence of a completed bottom.
The broader crypto market capitalization is $2.28 trillion, with the market broadly lower and the Fear & Greed index at 13, labeled extreme fear. Further open-interest, funding and price trends would show whether the deleveraging continues and whether market participation begins to stabilize, rather than establishing a bottom in advance.
Since this brief published about 7 hours ago, Bitcoin (BTC) has moved from ₹62,03,104.44$65,807.00 to ₹60,92,723.54$64,636.00 — -1.78%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
Will Bitcoin dip to $64,000 November 9-15?
Crowd-implied probability on Polymarket, ₹16.34M 24h volume, resolves Nov 16 — snapshotted when this brief published (Nov 14 20:05 UTC). A market price reflects what traders collectively expect; it is not a forecast by Token Times and will have moved since. View the market ↗
At today's peer-to-peer rate, 1 BTC ≈ ₹6.76M (about $64,636.00), down 4.2% over 24 hours. The rupee itself trades about 11.0% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Bitcoin and XRP See Leverage Unwind Amid Sharp Selloff — questions & answers
What does falling open interest indicate?
It indicates a reduction in leveraged market exposure across Bitcoin and XRP, according to CaptainAltcoin’s summary of Cryptoinsightuk’s analysis.
What has happened to XRP funding?
XRP funding has turned negative as the asset trades below $1 and records a 6.93% daily decline.
Do these signals confirm a crypto market bottom?
No. CaptainAltcoin frames the deleveraging as potentially constructive, but the supplied market data do not confirm that a bottom has formed.
How much is 1 Bitcoin worth in rupee today?
About ₹6.76M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $64,636.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is down 1.78% since this brief first published — trading at ₹60,92,724 ($64,636.00) now versus ₹62,03,104 ($65,807.00) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from CaptainAltcoin. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.