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CME has become the largest venue for XRP futures open interest, surpassing Binance, CoinGape reported, citing CoinGlass data.
CME’s XRP futures open interest stood at about $530 million, above Binance’s $510 million, marking its highest level in the past three months. CME open interest has risen rapidly since mid-August and reached a record $569 million on Aug. 28, according to the report.