CoinpediaOctober 27, 20262 min read
XRP Deleveraging Signal Flashes As Open Interest Sinks To $445 Million
XRP’s last two leverage flushes on Binance were followed by sharp rebounds, with a 72% gain after mid-August and a 32% climb after mid-September. A similar setup is now forming.
XRP’s last two leverage flushes on Binance were followed by sharp rebounds, with a 72% gain after mid-August and a 32% climb after mid-September. A similar setup is now forming. Open interest in XRP futures on the exchange has fallen to $445 million, below its 180-day average of about $460 million, according to on-chain researcher …
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