$XRP Ledger Open Interest Update
The chart shows $XRP Ledger open
interest (blue line) across all exchanges,
alongside its price in USD (black line). Open
interest peaked above $3.8B recently,
reflecting high leveraged activity. 7 Current
open interest sits around $2.4B, while XRP
trades at $2.8, showing a moderation after
recent spikes.
Historical patterns suggest leveraged
positions often lead to volatility, so traders
should watch for potential price swings or
consolidation.
This is a clear snapshot of market sentiment
and risk appetite in XRP derivatives, valuable
for both short-term traders and institutional
observers.
#XRPLedger #XRPEFT