Ripple ( XRPThe open interest on futures transactions on the ) side exceeded $ 1.1 billion in the last 24 hours, reaching a record level.
XRP The open interest in futures transactions exceeded $1.1 billion in the last 24 hours, surpassing the record level of $1 billion last week, and set a new record for the year. According to the data, the XRP price surged up to a second 6 percent while major cryptocurrencies remained unchanged. Despite the recession in altcoins, XRPThe volatility on the front brought the record in futures transactions with it.
XRP defies BTC in liquidation data
While $5.25 million worth of BTC has been liquidated in the last 12 hours, $4.79 million has been liquidated in XRP. Looking at the last 24 hours, a total of 63.82 million dollars of liquidation was provided. The most liquidated value in a single transaction was the BTC/USDT parity on Binance with $882,000.
When we consider the data on the exchanges, a lot of liquidation in the last 12 hours has been achieved with $2.08 million in Binance. 63.59 percent of the liquidated transactions in the stock market are short transactions. Remarkable data came from Huobi and Bitmex exchanges. Short-sided transactions account for 78.87 percent of the liquidated transactions in Huobi. Looking at Bitmex, it is seen that long-sided transactions are liquidated, unlike other exchanges.
