Key facts
- XRP open interest has recovered from $2.11 billion to approximately $3 billion.
- The XRP open interest is nearing levels not seen since 2025.
- The XRP Long/Short Ratio shows 51.58% of volume in favor of price rising (longs) over a 24-hour period.
- Historically, prices have tended to move the opposite way of retail expectations when bets pile up for a price rise.
XRP open interest, a measure of the total value of all outstanding XRP derivative contracts, has fluctuated significantly. Its recent recovery from a yearly low suggests renewed market interest and potential bullish implications, although historical data indicates that retail sentiment can sometimes precede price reversals.