XRP futures open interest climbs to $2.78 billion as traders bet on rebound despite price slipping to $1 and bearish sentiment
XRP futures open interest rose to approximately $2.78 billion, up 2% over 24 hours, with trading volume jumping 55% to about $1.17 billion. This comes as the token struggles around $1 and social sentiment, according to Santiment, turned its most negative in three months. On 币安 (Binance) and OKX, long XRP positions heavily outnumbered short positions, with ratios around 3.6 to one among larger traders.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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