2 sourcesTracking since 17h ago
XRP Open Interest Plunges 23% as Traders Unwind Leverage
Chronological coverage
First seen17h agoXRP Open Interest Plunges 23% as Traders Unwind Leverage
XRP open interest on Binance alone dropped from $558 million in August to roughly $423 million now, the steepest slide of any exchange.
CryptoPotato•Wayne Jones
Latest11h agoXRP Open Interest Plunges 32% on Binance as Spot Sellers Beat Buyers
XRP derivatives exposure has fallen sharply since late August as traders reduce leveraged positions while aggressive selling continues across spot and perpetual markets. Binance XRP open interest has dropped about 32%, while selling pressure has intensified across centralized exchanges. XRP Open Interest Drops Nearly One-Third XRP traders have sharply reduced derivatives exposure while aggressive sellers […]
Bitcoin.com News•Kevin Helms