XRP Open Interest Hits Two-Month High on Binance
CryptoQuant has reported that Binance's XRP open interest reached its highest level in two months.
The data analytics firm stated that Binance XRP open interest (OI) has surged to a two-month high, indicating growing participation in the XRP derivatives market and increased speculative trading.
This development makes future price moves worth monitoring, according to CryptoQuant.