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XRP futures trading hits six-month high as long and short bets stay evenly split

XRP futures trading rose to about $57 billion in September, the highest level in six months, as derivatives activity extended gains from August. XRP rose 30 percent in August and added 7.94 percent in September, prompting traders to increase leveraged futures positions. Binance led September trading with about $32.36 billion. In the past 24 hours, futures volume rose 1.85 percent to $2.65 billion and open interest gained 0.48 percent to $3.61 billion. Options volume jumped 158 percent to nearly $7 million. Overall long-short positioning remained slightly short-leaning.