XRP Weekly Price Prediction: Options Open Interest Surges 24x As Traders Hedge Around The $1 Floor
XRP inflows to Binance hit an all-time low with a 3.6M monthly average, signaling seller exhaustion per analyst Darkfost Options open interest surged nearly 24x to $58.39M as volume jumped 19
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AnonymousCryptoCompass newsroom
August 1, 2026
1 min read
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XRP inflows to Binance hit an all-time low with a 3.6M monthly average, signaling seller exhaustion per analyst Darkfost
Options open interest surged nearly 24x to $58.39M as volume jumped 197%, pointing to hedging rather than directional conviction
Longs absorbed $2.65M of the $2.70M in total liquidations over 24 hours as XRP consolidates above the $1.00 floor
XRP trades at $1.0613 on August 1, flat on the session, holding above the $1.00 floor that sellers failed to break in June as the first on-chain signal of genuine seller exhaustion arrives alongside an options market suddenly alive with activity.
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