XRP reserves held at exchange addresses reached 11.81 billion on October 17, ranking in the 99th percentile over the past year, indicating a high token availability on exchanges. Meanwhile, Binance's XRP derivatives open interest fell by 15.8% from $538.1 million on October 4 to $453 million on October 17, reflecting a pullback in leveraged positions. This divergence suggests that while token supply on exchanges remains elevated, traders have reduced their leveraged bets. The data also showed significant XRP long liquidations on Binance during early October, coinciding with a 15% price drop in XRP from $1.52 to $1.29. These trends highlight a reset in leverage faster than changes in exchange supply, which could impact XRP's short-term market dynamics.
XRP trades at Rp23,691 on Pluang with a 1-day gain of 2.09% as of Oct 19, 2026 14:21 WIB, showing resilience despite the recent price drop noted in the article. The market cap stands at Rp1.495,33 trillion with a balanced order activity of 49% sell and 51% buy, reflecting steady investor interest. This contrasts with the reported decline in Binance's XRP derivatives open interest, highlighting different dynamics between spot trading on Pluang and leveraged positions on Binance.
XRP is attempting to maintain its price above $1.30 after several sessions of decline, with open interest on futures contracts dropping below $3 billion, indicating reduced trader engagement and leverage. This deleveraging lowers the risk of forced l...
The Bitwise XRP ETF reported net assets of $541.12 million as of October 15, holding 417.7 million XRP tokens. This marks an increase in XRP holdings compared to a previous snapshot in September, reflecting growth less than 11 months after the fund b...
Clearpool's community voted overwhelmingly (97.16%) to approve its expansion to the XRP Ledger and a 1:1 migration of its tokens from CPOOL to CLEAR. This move supports Clearpool's institutional credit initiative, which will use the regulated stablec...
The XRP Ledger is set to implement a bug-fix patch on October 23 that addresses issues in Ripple's proposed uncollateralized lending system, which remains inactive due to insufficient validator votes. The patch, requiring 29 validator approvals, also...
In a snapshot of perpetual futures on October 18, Dogecoin (DOGE) showed the highest positive funding rate among five major cryptocurrencies, at 0.0085% per eight hours (9.3% annualized). This means traders holding long positions in DOGE pay those wi...
