Deribit Data Shows XRP Calls With $5 Target Are Surging
Data shows that XRP calls with a $5 price target are surging in terms of volume and open interest, with the $5 call being the second most traded XRP option in the last 24 hours with 1.7 million contracts traded. (One contract represents 1 XRP). In addition, the $5 call is the most popular out-of-the-money or higher strike call option with a notional open interest of $1.25 million, according to Deribit data.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Dogecoin Posts August as Best-Performing Month of 2026
Hyperliquid (HYPE) ETF Beats XRP ETF by 30% as Investors Aim for Larger Risk
261 Billion SHIB Netflow Stalls Price Recovery: Shiba Inu Risks Losing $0.000005
North Korea Hackers Break Silence With $19.4 Million Bitcoin (BTC) Move: Time to Worry?
Crypto prices
More
