Stellar (XLM) Loses $130 Million in Open Interest After Doubling Its Price

BeInCrypto
XLM-1,73%
OVER70,55%

Stellar (XLM), which surged over 100% in the past week, has now witnessed a sharp decline in Open Interest. This drop in XLM Open Interest indicates waning enthusiasm among derivatives traders, potentially indicating a weakening in the recent rally’s momentum.

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