Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
XRP contract open interest exceeds $800 million, more than doubling in the past seven days

XRP contract open interest exceeds $800 million, more than doubling in the past seven days

Cointime2024/07/17 09:40
By: Cointime
XRP+0.12%

The open positions of XRP futures contracts have more than doubled in the past 7 days, indicating an increase in investors' expectations for future price fluctuations. CoinGlass data shows that the open positions of XRP contracts have reached $811 million, the highest level since mid-April, with a 24-hour increase of 21.83%. According to CoinGecko data, during this period, XRP trading volume surged from $2 billion to $3.6 billion. In addition, data from Coinalyze shows that over 60% of the XRP futures contracts opened in the past 24 hours were long bets.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

YBUSDT now launched for futures trading and trading bots
Bitget Announcement2025/10/15 11:07
New spot margin trading pair — ENSO/USDT!
Bitget Announcement2025/10/15 10:00

Trending news

More
1
YBUSDT now launched for futures trading and trading bots
2
[Initial Listing] Bitget Will List ZEROBASE (ZBT). Come and grab a share of 1,750,000 ZBT

Crypto prices

More
Bitcoin
Bitcoin
BTC
$111,007.18
-1.14%
Ethereum
Ethereum
ETH
$4,004.85
-2.40%
Tether USDt
Tether USDt
USDT
$1
-0.01%
BNB
BNB
BNB
$1,182.84
-0.31%
XRP
XRP
XRP
$2.41
-3.32%
Solana
Solana
SOL
$192.89
-5.48%
USDC
USDC
USDC
$0.9999
+0.00%
TRON
TRON
TRX
$0.3211
+1.12%
Dogecoin
Dogecoin
DOGE
$0.1965
-3.44%
Cardano
Cardano
ADA
$0.6690
-4.17%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter