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  3. XRP Rallies on Derivatives Leverage as Exchange Supply Stays Locked
Aug 30, 2026

XRP Rallies on Derivatives Leverage as Exchange Supply Stays Locked

AnalysisCrypto Market Structurecryptocurrencyderivativesexchange reservesLeverageOpen InterestRippleXRP

TLDR: XRP gained 39% since August 18 while Binance exchange reserves stayed nearly flat overall. Long liquidations hit $25.7 million on August 22, the largest single day over the past six months. Funding rates cooled from 0.010 to 0.002 across three sessions as open interest fell 13% from its peak. Total XRP transactions rose 97% [...]

The post XRP Rallies on Derivatives Leverage as Exchange Supply Stays Locked appeared first on Blockonomi.

Source: Blockonomi →

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