$XRP Traders Betting on Big Move Ahead
Options traders are pricing in an unusually large move for $XRP over the coming week, according to fresh data from Coinbase Markets.
The exchange compared each cryptocurrency's typical seven-day move with its options-implied seven-day move. $XRP showed the biggest gap, with its current options-implied move being approximately 1.54 times its historical median move.
Coinbase said that $XRP is priced furthest above its own history, while Solana (SOL) is the least.
A 7.7% move corresponds to about 11 cents in either direction for $XRP, currently trading at roughly $1.43.