Crypto

XRP Futures Open Interest Surges on Binance Amid Leverage Return

Guavy AI Editorial Team Published July 24, 2026

Instruments

BNB XRP

XRP futures open interest on Binance has surged to approximately 440.6 million XRP, indicating that 'leverage' traders may be returning to the market.

This shift is significant because rising derivatives positioning often precedes larger spot-market moves.

The data from CryptoQuant shows that Binance's 30-day open interest Z-score for XRP futures has risen to about 1.60, indicating current open interest is well above its one-month average.

The Wire

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