Open Interest in XRP Options Nears $100M as High Volatility Lures Yield‑Hungry Traders
Open interest in XRP options on Deribit has surged dramatically—up 38% in just two weeks—from $71 million to nearly $98 million, approaching the all‑time high of $102.3 million from late June . In contract terms, that’s a 26% jump, with over 42,000 contracts now outstanding (each representing 1,000 XRP). Why It Matters: Market Sentiment &…