A breakdown of exchange data shows that Binance holds 2.09 billion DOGE in open interest, worth approximately $195 million, accounting for 19.64% of the total. Gate leads in USD terms with about $228.99 million in open positions, representing 23.06% of the market share. OKX follows with $99.74 million, while Bybit holds $86.52 million.
In the past 24 hours, the total Dogecoin open interest across exchanges is down 3.11%, reflecting continued deleveraging. Some exchanges have seen more declines, with Gate down 13.83% and BingX down 24.75% over the same period.
XRP Open Interest Returns To Late November 2024 LevelsOn a 24-hour basis, total XRP open interest is down 0.61%. The Chicago Mercantile Exchange (CME) currently leads with 378.89 million XRP in open contracts, valued at $519.11 million. Binance comes second with 339.57 million XRP worth $465.17 million, accounting for 20.52% of open interest.
Other notable positions include Bybit with $225.82 million and Gate with $200.67 million in open contracts. However, some exchanges have seen sharp daily declines, including Gate, which is down 17.24% over the past 24 hours, and BingX, which is down 31.19%.
