CoinpediaOctober 27, 20262 min read
XRP Open Interest Drops 28% on Binance: Cryptoquant Hints at Recovery
After falling more than 25% over the past three months, XRP’s derivatives market is showing signs of a possible recovery, with open interest on Binance dropping 28% since September 22.
After falling more than 25% over the past three months, XRP’s derivatives market is showing signs of a possible recovery, with open interest on Binance dropping 28% since September 22. Meanwhile, Santiment data shows that large wallets now hold 46.87 billion XRP, equal to 68.48% of the token supply tracked by the platform. Traders are …
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