XRP Open Interest Returns To May 2025 Low — New All-Time High Soon?
According to the latest on-chain data, XRP’s open interest has returned to a low similar to the one seen in May 2025. Below is the potential implication for the XRP price. Derivatives Activity Sees Significant Dip — What This Means In a Quicktake post on the CryptoQuant platform, on-chain analyst PelinayPA delved into the underlying activity within the XRP derivatives market and how it could affect the altcoin’s price in the coming weeks. Related Reading: BTC Trapped In Tight Range: Liquidity Heatmap Shows Key Price Points At $115K, 106K The analyst’s report revolved around....
Related News
The Shiba Inu price decline following the October 10 liquidation was as swift as the rest of the market, and even now, the meme coin continues to struggle to reach its pre-crash prices. Nevertheless, there have been some developments among major metrics that could indicate that the Shiba Inu price is getting ready to mark a bottom. These range from the open interest to the trading volume, with both reaching levels that have previously marked the bottom for the price. Open Interest Crashes Toward 2025 Lows One major metric that has suffered when it comes to Shiba Inu is the open interest.....
Bitcoin’s Open Interest (OI) has been experiencing significant growth lately, with several experts reporting that the metric has surged to a new all-time high. However, Alphractal, an investment data analysis platform, has addressed the claims, noting that open interest in BTC is yet to reclaim its current peak. Open Interest In Bitcoin Remains Below All-Time […]
Data shows the Bitcoin Open Interest has shot up to a new all-time high (ATH), implying speculative interest around BTC has surged. Bitcoin Open Interest Has Risen Alongside Price Rally As explained by CryptoQuant community analyst Maartunn in a new post on X, the Bitcoin Open Interest has seen a sharp surge recently. The “Open […]
The Bitcoin open interest has remained on the high side despite the price declines, suggesting that interest in the leading cryptocurrency by market cap remains abundant. This interest is no doubt a good thing for the crypto market, especially in the long-term. But looking back at previous trends involving the Bitcoin open interest, it is concerning that the value is still so high and this could hinder a recovery for the Bitcoin price from here. Bitcoin Open Interest Still Above $56 Billion Data from the Coinglass website shows that the Bitcoin open interest is still quite high and not far....
Dogecoin has hit a new milestone after rallying more than 20% last week. The meme coin saw its open interest balloon over the weekend as investors poured in to take advantage of the price increase. This pushed its open interest quickly, and now, it has reached a new all-time high for the second time this […]