Binance XRP Perpetual Open Interest Gains 11% Over Seven Days
Photo: TokenPost
Open interest in XRP’s Tether (USDT)-denominated perpetual futures market on Binance rose about 11% in dollar value over seven days through 7 p.m. ET Wednesday, Nov. 4 (00:00 UTC Nov. 5), while a later reading showed long accounts held a majority. The market’s open interest increased from $404.2 million at 8 p.m. ET Oct. 28 (00:00 UTC Oct. 29) to $448.7 million at the end of the seven-day period. Measured in XRP, open interest rose 13% over the same interval. The percentages use different measures: dollar value and XRP units. At 11:55 p.m. ET Nov. 4 (04:55 UTC Nov.
Source: TokenPost
