XRP's open interest skyrocketed by 564.80% within just four hours, as reported by Biji Network, indicating significant capital movement in the market. This dramatic increase highlights the presence of leveraged positions in a market characterized by structural weaknesses. While fast money has turned positive, slow money remains negative, suggesting a complex market sentiment.
The rapid rise in open interest underscores potential volatility and liquidation risks, with interest rates and funding flows likely to play a crucial role in determining future market directions. The swift change in open interest levels raises concerns about the stability and resilience of the current market environment.
XRP Open Interest Soars 564.80% in Four Hours Amid Market Volatility
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