XRP futures unpositioned squaring contract positions have more than doubled in the past seven days, indicating that investors have increased their expectations for future price volatility.
CoinGlass data shows that XRP contract unpositioned squaring positions reached $811 million, reaching the level since mid-April, 24H growth of 21.83%. According to CoinGecko data, during this period, XRP trading volume soared from $2 billion to $3.60 billion.
In addition, Coinalyze data shows that more than 60% of XRP futures contracts opened in the past 24 hours were long bets.
XRP contract unpositioned squaring position exceeded $800 million, more than doubled in the past 7 days
2024-07-17 09:22:16
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