XRP Weekly Price Prediction: Options Open Interest Surges 24x As Traders Hedge Around The $1 Floor
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XRP trades at $1.0613 on August 1, holding above the $1.00 floor as Binance inflows hit an all-time low with a 3.6M monthly average versus 300M+ inflows near its August 2025 peak, signaling seller exhaustion on major CEX flows. Options open interest surged nearly 24x to $58.39M and volume jumped 197% while activity appears driven by hedging rather than directional conviction, and longs absorbed $2.65M of $2.70M in 24‑hour liquidations, indicating short-term consolidation and stability in the crypto market.
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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.
XRP Binance Inflows Just Hit Their Lowest Level Ever
The exchange inflow chart tells a clear story. From the August 2025 peak when XRP was trading near $3.25 and inflows regularly exceeded 300M …
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