Derivatives markets reflect increased activity in the spot market $XRP . Derivatives trading volume increased by 188.88% to $22.95 billion. Open interest increased by 28.49% to $3.14 billion, indicating increased$XLM $APE investor engagement. Additionally, options trading volumes increased by 17.41%, indicating growing demand.

Long/short ratios show a bullish outlook among traders. On Binance, XRP/USDT positions favor longs with a ratio of 1.5368, while top traders’ positions show a stronger preference for longs at 2.6705. Over the past 24 hours, $31.34 million worth of positions were liquidated, while shorts totaled $19.20 million.