XRP futures open interest hits 5-month high

Open interest in XRP futures has surged to its highest level since January, reaching a peak of 800 million XRP before settling at 743 million, a 33% rise from the June 22 low, according to data retrieved by Finbold from Coinglass. XRP open interest. Source: Coinglass This spike in cumulative futures positions signals growing confidence among derivatives traders, even as XRP’s spot price holds steady at around $2.33, up 2 source: https://finbold.com/xrp-futures-open-interest-hits-5-month-high/