XRP Derivatives Surge on Binance as Long Liquidations Mount: What’s Next for Ripple?

Open interest (OI) in XRP derivatives on Binance jumped 14.8% in the last 24 hours, its highest reading since March 4, when the metric peaked near 16%. The move was accompanied by repeated long liquidations and a change in order flow toward short positioning, painting a mixed picture for the Ripple token. Leverage Returns, But Longs Keep Getting Washed According to analyst Amr Taha, the high open interest reading mea…