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XRP Hits $4B in Open Interest — Bull Fuel or Leverage Bomb?

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XRP Hits $4B in Open Interest — Bull Fuel or Leverage Bomb?
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TL;DR:

XRP-linked futures open interest has climbed to a striking $4. 03 billion, indicating that traders are deploying heavy leverage.

Key Points:

  • XRP Hits $4B in Open Interest — Bull Fuel or Leverage Bomb? - TradingView — Track All Markets
  • Story reported by 3 sources including XRP Hits $4B in Open Interest — Bull Fuel or Leverage Bomb?
  • Involves XRP cryptocurrency

    • Background:

    Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.

    Why It Matters:

    This development could influence XRP price action and market sentiment in the near term.