XRP Spikes 5% As Whales Scoop Up $740 Million Worth Of Crypto: Open Interest, Trading Volume Also Jump

XRP (CRYPTO: XRP) gained momentum on Wednesday amid a broader cryptocurrency market rally.

XRP Wipes Away Losses

The third-largest cryptocurrency by market capitalization popped over 5% in the last 24 hours, while its trading volume jumped 36.65% to $6.63 billion.

The latest spike erased recent downsides, sending XRP 2.53% higher over the course of a week.

Meanwhile, XRP’s open interest spiked 6.73% to $7.93 billion in …

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