XRP Open Interest Hits 2-Week Peak as Short Liquidity Crosses $3B

06-Apr-2026 The Crypto Basic

XRP Open Interest has soared to a 2-week peak amid an increase in overhead liquidity, leading to suggestions of a potential short squeeze. The recent market-wide slump, which pushed XRP below the long-standing $1.3 support, has led to an increase in the XRP Open Interest (OI), as short positions dominate.

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