With leverage outnumbering spot volume 6 to 1, XRP traders are walking a $2.36B tightrope
CryptoSlate3h agoUpdated 2h ago

Smart Read
Stablecoin-margined XRP open interest on Binance fell to about $186 million on July 31, its lowest level since April 2025, according to CryptoQuant. Bybit held roughly $229 million in the same contract type, about $43 million more than Binance. XRP trades near $1.03, putting the token roughly 3% above the $1 level…
Coins in this story
Discussion
Related stories

CoinDesk
Coldcard fallout shows up onchain as 210,000 bitcoin leaves old wallets
Roughly 200,000 bitcoin have moved from long-term holder wallets in the past week, suggesting a possible shift in custody rather than conventional selling

CoinDesk
Crypto market maker Wintermute lands SEC approval to trade equities and ETF blocks
The crypto market maker can now trade US stocks and options and support ETFs as crypto moves closer to traditional markets.

CoinDesk
Ethereum staking token weETH splits from restaking as rewards debate heats up
The move separates ordinary Ethereum staking from higher-risk restaking exposure as a new proposal to cap validator rewards divides the staking sector.
KryptoKite aggregates and summarises third-party crypto news. This is informational content, not investment advice. KryptoKite does not recommend buying or selling any asset.