Open interest in XRP futures climbed above $4.03 billion, with roughly 1.93 billion XRP committed across multiple exchanges. CME and Binance were the leading venues, accounting for the largest bets on XRP futures. Total XRP futures commitments reached 4.05 billion XRP, and the price remained above the $2.05 support level while the market anticipated a possible rebound.
XRP was trading around $2.10, up about 0.46% in the past 24 hours. Among the major venues, CME traders bet about $894.70 million (425.88 million XRP) and Binance positions totaled about $615.52 million (293.13 million XRP). Gate, Bybit and Bitget together accounted for about 12.95%, 10.53% and 10.4% of open interest, with fiat equivalents of roughly $524.46 million, $426.54 million and $421.12 million.
Separately, whale activity and on-chain signals have drawn attention to XRP’s trajectory, with a notable long position recently opened by a large investor. Technical readings such as RSI and Bollinger Bands suggest momentum accumulation could support a rally if volumes persist. As traders monitor price action, a breakout beyond key levels may unfold if buying pressure intensifies.
Leave a Reply