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🚨The Open Interest of XRP has just reached a new all-time high above $10 billion, will the price follow?
The Open Interest (OI) of XRP has reached a new all-time high, surpassing US$ 10 billion on major cryptocurrency exchanges. This increase in futures activity comes as the price of XRP approaches US$ 3.48, its highest level in years. Historically, an increase in Open Interest tends to coincide with significant price rallies, suggesting potential for further appreciation in the trajectory of XRP.