XRP Sees 80% Spike In Major Metric, Why This Matters For Price Appreciation

XRP has recorded a notable surge in one of its most closely watched derivative indicators, which brings attention to how traders are positioning around the asset. Data shows that open interest tied to XRP derivatives jumped by about 80% within a very short four-hour window in the recent trading day, pointing to a sudden influx of leveraged activity. Moves of this magnitude rarely happen in isolation and often point to growing tension beneath the surface of price action, especially when they occur without a clean breakout on the chart. A Four-Hour Reversal After Days Of Weak Participation The spike in open interest shows a rapid increase in the number of outstanding XRP futures and perpetual contracts source: https://www.newsbtc.com/analysis/xrp/xrp-80-spike-in-major-metric/