Why is XRP Failing to Hold $1? Binance Data Holds the Answer

AI Summary Short positioning against XRP is building on Binance, while whale deposits to the exchange have collapsed to their lowest level in four years. The combination leaves the market with crowded bearish bets and thinning sell-side supply.  XRP Open Interest Rebuilds After July Contraction Binance XRP open interest climbed from roughly $181 million on August 3 The post Why is XRP Failing to Hold $1? Binance Data Holds the Answer appeared first on BeInCrypto . fulltext: 462 chars | fulltext source: rss-fallback | summary method: extractive Original: https://beincrypto.com/xrp-open-interest-whale-inflows-low/ Source: BeInCrypto