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Korea’s Biggest XRP Market Is Cooling Just as Leverage Climbs Elsewhere

Korea’s Biggest XRP Market Is Cooling Just as Leverage Climbs Elsewhere

XRP’s (XRP) spot market activity is fading across two key trading venues even as traders gradually increase leveraged positions in derivatives markets. Trading volumes on South Korea’s Upbit have been declining, while spot deposits and withdrawals on Binance have nearly stalled.

At the same time, Open Interest continues to rise despite subdued funding rates, suggesting The post Korea’s Biggest XRP Market Is Cooling Just as Leverage Climbs Elsewhere appeared first on BeInCrypto.

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