Web3
XRP Open Interest Plunges 23% as Traders Unwind Leverage
CryptoPotato·September 17, 2026·1 min read
XRP open interest on Binance dropped from $558 million in August to roughly $423 million now, a 23% plunge and the steepest slide of any exchange. Traders are unwinding leverage, signaling reduced speculative activity in XRP derivatives amid changing market conditions.
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