Source: CryptoSlate ↗
With leverage outnumbering spot volume 6 to 1, XRP traders are walking a $2.36B tightrope
What the source reports
Stablecoin-margined XRP open interest on Binance fell to about $186 million on July 31, its lowest level since April 2025, according to CryptoQuant. Bybit held roughly $229 million in the same contract type, about $43 million more than Binance. XRP trades near $1.03, putting the token roughly 3% above the $1 level that has become […]The postWith leverage outnumbering spot volume 6 to 1, XRP trader...
Read the original report on CryptoSlate ↗Live market context
Market figures are live reference data, not evidence that this report caused a price movement. Not financial advice.
Related news
Open news desk →XRP leads majors losses as Clarity Act vote slips to September
Bitcoin, ether showed slight losses while Ripple-linked XRP fell 5.5% on the week, the worst of the majors, as the Senate left Washington without taking up the market structure bill.
XRP, Bitcoin Whales Are Accumulating—Is the Bear Market Nearly Over?
On-chain data shows big holders quietly buying XRP near $1, yet the daily chart is still trapped below a death cross.