XRP Open Interest Surges Across Exchanges, Hits 3-Month Peak on Bybit

XRP Open Interest Surges Across Exchanges, Hits 3-Month Peak on Bybit

XRP Open Interest has surged across multiple exchanges despite the ongoing price struggles, reaching a 3-month peak on Bybit. XRP remains under pressure, falling 5.7% in August and 45.6% this year.Visit Website

Long Positions for XRP Rise as It Tests Critical Support at $1

Long positions in XRP have grown rapidly over the last few weeks, with well over $1.5 billion worth of exposure being added to the derivatives market since the start of August. This buildup of leverage exposure is indicative of increased bullish positioning among traders who expect the coin to stage a recovery. According to Crypto Rover, XRP is building up “parabolic” exposure, and this has been attributed to the recent growth in long positions.…

CoinStats - Long Positions for XRP Rise as It Tests Criti...

Long positions in XRP have grown rapidly over the last few weeks, with well over $1.5 billion worth of exposure being added to the derivatives market since the start of August. This buildup of leverage exposure is indicative of increased bullish positioning among traders who expect the coin to stage a recovery. According to Crypto Rover, XRP is building up “parabolic” exposure, and this has been attributed to the recent growth in long positions.…

Latest XRP Open Interest Climbs Above Average as Price Slips Near $1.02 in Cryptocurrency

Bitcoin TLDR: XRP futures open interest reached 435.1M on Binance, pushing its 30-day Z-Score to about 1.20. A Z-Score above 1.0 shows above-average open interest, not necessarily a bullish direction. XRP Ledger wallets holding over 1M tokens grew by 32 in three months, Santiment data shows. RLUSD has grown into a key institutional stablecoin while XRP trades near $1.00 to $1.02. XRP open interest on Binance remains elevated even as the token’s …

Why XRP’s $435M Open Interest may be warning and not bullish conviction

XRP price prediction points to a key battle as XRP longs surge despite a 5% weekly pullback and a potential supply shock near $1.