Binance XRP Futures Open Interest Drops $85M After Long Liquidation Wave
Photo: Crypto Economy
XRP futures open interest on Binance fell by $85.1 million, or 15.8%, between October 4 and 17, following a wave of long liquidations that affected leveraged traders. According to CryptoQuant analyst CryptoOnchain, the value of outstanding contracts declined from $538.1 million to $453 million. On October 7 and 8, liquidations of bullish positions reached $25.7 ... Read more
Source: Crypto Economy
