CME GROUPthe outdoor position (OI) of the futures product offered for the Altcoin XRP announced that it is the fastest exceeding the value of $ 1 billion. Recently, the new summit was seen in the number of contracts. As it will be recalled, the company launched the XRP futures product in May after opening the Solana -based futures product to transactions. In the same period, the total OI of crypto -term transactions exceeded $ 30 billion for the first time.
Record rise in CME’s XRP futures product
Chicago -based CME GROUPAccording to the data XRP The futures transactions were the fastest product in history. Success recently reinforced with the record in the number of contracts. Following the Solana -based product, the company launched XRP futures in May and opened transactions. The record part of the product on top of the record indicates the depth of the demand for quick acceptance, corporate and professional investor.
On the other hand, CME’s total OI value in crypto -term transactions exceeded $ 30 billion for the first time. 16 billion dollars of this Bitcoin 
$110,298.5510.5 billion dollars Ethereum 
$4,429.11 came from the futures. At the end of 2017, Introducing the organized Bitcoin futures transactions, CME has become an important player in the market since then. The group considers the new OI record as a strong sign of market maturity.
Current view in xrp coin price
Despite the viability from the derivative market XRP Coin The price is forced with a decline in the market. Altcoin, which lost more than 2 percent in the last 24 hours, dangled again in the early hours of the day. The lowest level in the day was recorded at $ 2,84. The short -term price mobility continues with the change in investors’ risk appetite.
The decomposition between price and derivative indicators is also highly evident. The fast climbing product in OI shows that the product attracts great interest in the stock market, while the spot remains on the price on the price. The current view is that short -term price movements move downward with the tendency to correct, but the depth and participation in the organized derivative market increase.
CryptoappsyAccording to the data offered by the XRP news is prepared at the time of the recovery is traded for $ 2.91.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
