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XRP futures open interest rises above average despite price softness near $1.00

Technical Signals
12 Aug 2026
Blockonomi
View Source
Neutral
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XRP futures open interest on Binance has climbed to about 435.1 million XRP, pushing the 30-day Z-Score to 1.20, indicating above-average derivatives activity. Despite this elevated open interest, XRP's price remains soft around $1.00 to $1.02, suggesting traders are maintaining speculative positions amid uncertainty. Meanwhile, wallets holding over 1 million XRP tokens increased by 32 during a 29% market cap decline, signaling accumulation by large holders. The next price moves will likely determine if this positioning leads to renewed momentum or forced liquidations.

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