XRP Open Interest Surges As Price Slides—More Volatility Ahead?
XRP
1.3266
-0.51%
XLM
0.1649
-1.78%
XPL
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#OilPricesDrop Data shows the XRP Open Interest has witnessed a notable surge alongside the asset’s price drop, a sign that investors have been putting up fresh bets.
XRP Open Interest Has Shot Up Over The Past Day
As pointed out by CryptoQuant community analyst Maartunn in an X post, the XRP Open Interest has seen a jump recently. This indicator measures the total amount of positions related to the asset that are currently open on all centralized derivatives exchanges.