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XRP Sees $4.3 Billion Open Interest Rebound Amid Bullish Price Action

NewsBTC LogoNewsBTC5d ago

XRP Sees $4.3 Billion Open Interest Rebound Amid Bullish Price Action - NewsBTC

Quick Summary:

Analyst Predicts 1,000% Surge XRP: Rebound In Open Interest The recent increase in XRP’s open interest is indicative of the fact that a greater number of investors are making bets on the token’s ongoing expansion.

After dropping out… we’re ready to go! pic.twitter.com/4QWI9Y5aA4 — Chad Steingraber (@ChadSteingraber) February 16, 2025 At the time of this writing, the amount of open interest in XRP has stayed the same at around $4 billion.

The increase in market participation frequently corresponds with the rise in open interest, which may induce price fluctuations.

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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-18 @ 10:30:17 (5 days ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 459 words

Reading Time: 3 minutes read

Sentences: 77 lines

Sentence Length: 6 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 26250044

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 7 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 8 hours ago

Coverage Areas: United Kingdom

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Publication Timezone: GMT +8:00

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Publisher ID: #102

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  • URL: https://chronographically.beamstart.com/news/xrp-sees-43-billion-open-17398760866752

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