XRP Surges Past Bitcoin as Open Interest Hits 6-Month Peak – Here’s Why It Matters
XRP just pulled off a stunner—outpacing Bitcoin’s gains while derivatives traders pile in like it’s 2021 all over again. Open interest hasn’t seen these levels since the last time crypto Twitter was obsessed with 'the flippening.'
The rally no one saw coming
While Bitcoin trudges through regulatory mud, XRP’s price action is turning heads. The token’s open interest surge suggests this isn’t just retail FOMO—big money might finally be betting on Ripple’s legal wins meaning something.
Derivatives market goes all-in
That six-month high in open interest? It’s the clearest signal yet that crypto’s professional gamblers—sorry, 'institutional traders'—are positioning for volatility. Whether this ends in a moonshot or a liquidation bloodbath depends entirely on whether Wall Street’s algo bots remember XRP exists tomorrow.
Funny how a 'dead coin' can suddenly wake up when shorts get squeezed and VCs need to dump bags. The crypto cycle continues—wash, rinse, repeat.
