According to Foresight News, based on glassnode data, over the past week, XRP futures open interest surged by over $1 billion, increasing from $2.42 billion to $3.42 billion, a rise of 41.6%. The significant increase in leverage coincides with XRP's price movement from $2.14 to $2.48, indicating active speculative activity and growing directional conviction.
glassnode: XRP futures open interest rose 41.6% in a week, breaking through $1 billion
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