XRP Open Interest Surges $15 Million Amid Market Volatility

Analyst Amr Taha notes a sharp rise in XRP trading activity as Ripple’s token reacts to geopolitical tensions and market fluctuations.

XRP

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Terms & Concepts
  • Open Interest (OI): The total number of outstanding derivative contracts, such as futures or options, that have not been settled.
  • Spot CVD (Cumulative Volume Delta): A metric measuring the net difference between buy and sell volumes over time in spot trading.
  • Binance: A major global cryptocurrency exchange offering spot, futures, and other digital asset trading services.