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XRP OI Crashes to $369M on Binance, Marking Lowest Levels Since 2024
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XRP OI Crashes to $369M on Binance, Marking Lowest Levels Since 2024
The XRP Open Interest (OI) on Binance has recently crashed to its lowest levels since 2024, indicating a decline in derivatives activity. XRP remains under selling pressure as its ongoing downtrend stretches into the twelfth month.Visit Website
This XRP metric just fell to its lowest level since 2024
As the XRP price remained trapped in a major bear market for nearly a year through July 2026, it has seen its Open Interest (OI) – the total unsettled futures in the derivatives market – on Binance crypto exchange crash to its lowest level since 2024. XRP’s OI on Binance was at $369,657,870 on July 29, according to data from CryptoQuant, analyzed by Finbold on July 30. Consequently, the token’s OI on Binance has fallen below $401,803,784, which …
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