XRP open interest collapses 63% in October

XRP is holding near $2.63 after adding a little over $10 billion in market value this week, but the real story is under the ￰0￱ positioning has gone through a full wash–rinse cycle in October: XRP ledger open interest (OI) across exchanges peaked near $3 billion on October 6 , collapsed to roughly $1.08 billion by October 17 a collapse of 63%, according to data analyzed by Finbold from ￰1￱ ledger open interest 1-month chart.