Are XMR Traders Buying The Dip? Monero Futures Open Interest Surges as Price Falls By Nearly $100 in 3 Days

Privacy-focused cryptocurrency Monero (XMR) has seen a sharp price sell-off over the past three days, with open positions in futures rising to their highest level since December.On Wednesday, the largest privacy coin by market capitalization fell to $325 on Kraken, having peaked at $420 on Monday, according to data source TradingView.The sell-off follows a meteoric seven-week rise from $165 to $420, supposedly led by a favorable U.S source: https://www.coindesk.com/markets/2025/05/28/are-xmr-traders-buying-the-dip-monero-futures-open-interest-surges-as-price-falls-by-nearly-usd100-in-3-days