For assets like XRP, these signals are viewed as early indicators that the market may be approaching a stage where risk outweighs profit. CW’s analysis is based on recent signals from the XRP Ledger Spot Average Order Size metric.
A Major Drop In The Altcoin’s Open Interest As seen on the chart, open interest on Binance appears to be holding up better than other trading platforms, but the leading exchange cannot hide what is unfolding underneath. Leverage is leaving the market alongside the absence of conviction among investors.
