XRP Open Interest Suddenly Starts Unwinding – U.Today
The XRP derivatives market experienced a massive shakeout as open interest plummeted by 14.5% over a 24-hour window. This sharp drop has wiped out a significant amount of leverage, causing open interest on major venues like Binance to fall from recent highs of 255 million down to 215.4 million. The contraction in outstanding contracts coincided with...
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