CME Futures Open Interest Tops Binance After Flash Crash

Key takeaways: CME’s futures open interest in the top four cryptocurrencies reached $28.3 billion, surpassing Binance’s $23 billion and Bybit’s $12.2 billion. Despite CME’s lead in open interest, unregulated exchanges still dominate trading volumes, especially in altcoin and perpetual futures. Friday’s cryptocurrency market crash wiped out a record $74 billion in leveraged positions across the…

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XRP Open Interest Dips 30% Amid Whale Inflows

Key takeaways: XRP open interest has dropped 30%, signaling cooling futures activity. A fair value gap at $2.33–$2.65 is a key demand zone if selling pressure persists. Elevated whale inflows hint at profit-taking, but XRP’s long-term uptrend toward $5 in 2025 remains intact. XRP (XRP) futures open interest (OI) has decreased by 30% over the…

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Bitcoin futures ‘deleveraging’ wipes $10B open interest in 2 weeks

Bitcoin (BTC) exchanges are getting a key “deleveraging event,” which should shape future gains, new research says. In one of its “Quicktake” blog posts on March 17, onchain analytics platform CryptoQuant revealed a $10 billion capitulation on Bitcoin futures markets. Bitcoin sees “essential” event for BTC price rebound Bitcoin derivatives traders have flipped firmly risk-off…

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