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XRP Futures Open Interest Hits Record $3.91B Amid Growing Market Activity

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By on December 2, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post XRP Futures Open Interest Hits Record $3.91B Amid Growing Market Activity appeared first on Coinpedia Fintech News

XRP futures open interest has soared to an all-time high of $3.91 billion, reflecting heightened market activity. The top three exchanges driving this growth are Binance, holding 535 million XRP (32.04%), Bybit with 524 million XRP (31.27%), and Bitget at 327 million XRP (19.55%). This surge highlights the increasing interest in XRP derivatives as traders speculate on its price movements. The record-breaking figure comes amid significant developments around XRP, including ETF filings and regulatory clarity, which continue to boost investor confidence. 

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