XRP News Today: XRP Derivatives Markets Surge With 5% Price Gain and 81.86% OI Spike at BingX

XRP’s derivatives markets are displaying heightened activity, with futures open interest (OI) surging and options data underscoring a strong bullish bias. As of 12:30 p.m. Eastern time on Aug. 8, 2025, XRP is trading at $3.23, reflecting over a 5% gain in the past 24 hours. Total XRP futures OI across all exchanges stands at $8.56 billion, or 2.64 billion XRP, with Bitget, Binance, and Bybit leading the way in positioning [1]. Binance reported an 18.68% increase in OI over the past day, followed by Bybit at 17.03% and CME at 14.93%. BingX posted the most dramatic rise, with an 81.86% surge in OI, while MEXC and OKX saw gains of just over 10% [2].

The options market further reinforces the bullish sentiment. Call contracts account for 89.81% of open interest, totaling 215,854.91 USDT, while puts hold a much smaller 24,486.38 USDT. The most active contract by OI is XRP-250815-3.4-C with 42,820 contracts, and XRP-250815-3.5-C follows with 20,460 [3]. The 24-hour trading volume shows 88.94% of activity in calls, highlighting the aggressive expectations of upward movement.

Max pain for the Aug. 15, 2025 expiry is set at $3.20, just below the current spot price. This level represents the point at which the highest number of options expire worthless, potentially favoring sellers. However, the heavy clustering of call contracts above this price level suggests traders are actively betting on further price appreciation. Such concentrated positioning may also increase the likelihood of price pinning near the expiry date.

The convergence of rising futures OI, dominant call positioning in options, and a max pain level near the spot price signals a highly active and speculative environment in XRP’s derivatives markets. With billions of dollars in open interest across major exchanges, traders are clearly positioning for significant price swings in the near term. This trend reflects an overall shift toward more aggressive and leveraged strategies, as both institutional and retail participants seek to capitalize on the volatility surrounding XRP [4].

Analysts warn that the aggressive positioning in options markets—particularly the August 15 $30 put—suggests some traders are preparing for a potential selloff. This bearish outlook contrasts with the broader bullish activity, indicating a wide spectrum of expectations and risk tolerance among market participants. The recent offloading of XRP assets by whale accounts has also raised concerns about downward pressure, as retail demand has already absorbed much of the circulating supply during the recent uptick [5].

The implications for investors are clear: increased use of leveraged and directional strategies across derivatives markets is likely to lead to sharper price movements and heightened volatility. Both institutional and retail investors should ensure their risk management practices are robust to handle the potential for rapid swings in the XRP price. As the market continues to evolve, close monitoring of OI and options activity will remain critical for understanding the trajectory of XRP in the coming weeks.

Source:

[1] https://api.news.bitcoin.com/wp-json/bcn/v1/post?slug=futures-and-options-markets-reflect-aggressive-xrp-trading-strategies

[2] https://www.tradingview.com/news/cointelegraph:74cedac8b094b:0-xrp-whales-offload-1-9b-as-analyst-sounds-alarm-over-risk-of-30-price-crash/

[3] https://www.ainvest.com/news/chime-financial-plummets-11-5-earnings-volatility-options-pressure-fueling-selloff-2508/

[4] https://www.ainvest.com/news/mtw-plummets-19-perfect-storm-earnings-sector-weakness-2508/

[5] https://www.mitrade.com/insights/news/live-news/article-8-1023864-20250808