$XRP Open Interest is on the move again.

After a huge derivatives flush-out since March, Open Interest is bouncing back from the lows and has reclaimed the $1B+ zone.

Meanwhile, price is still hovering around $0.90.

Historically, sharp OI spikes have signaled major volatility in $XRP both directions.

Key things to watch:

➡️ OI rising faster than price → leverage buildup

➡️ Price/OI divergence → potential squeeze

Something’s definitely brewing under the surface.