XRP Deleveraging Signal Flashes As Open Interest Sinks To $445 Million

The post XRP Deleveraging Signal Flashes As Open Interest Sinks To $445 Million appeared first on Coinpedia Fintech News

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 …