XRP Open Interest Approaches $1B While Price Drops: Here’s What’s Happening

Source: The Crypto Basic

XRP Open Interest Approaches $1B While Price Drops: Here’s What’s Happening
XRP is facing renewed selling pressure after failing to hold its recent rebound, but Open Interest has continued to rise despite the price crash. While the price has dropped from its March high of $1.6, XRP's Open Interest has moved closer to the $1 billion mark, showing that traders are adding