XRP Derivatives Activity Stays Near October 2024 Lows as Binance Volume Weakens

TLDR: XRP perpetual trading volume on Binance remains close to historically weak October 2024 levels. Binance XRP derivatives data shows traders are avoiding aggressive leveraged market positioning. Glassnode reported XRP daily new addresses dropped nearly 85% since December 2024 highs. XRP network activity and derivatives participation both reflect weaker speculative market demand. XRP derivatives activity [...]

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