XRP options surge 350% ahead of CLARITY Act vote
- —XRP options: volume +348% to $14.55 million in 24 hours
- —XRP derivatives: volume $5.52 billion (+97.18%), OI $3.12 billion (+4.65%)
- —XRP liquidations in 24 hours: $13.77 million, of which $7.85 million were shorts
- —BTC options: volume +67.54% to $3.36 billion, OI $39.56 billion
Why it matters: The CLARITY Act vote will determine XRP's status as a commodity and could set the direction for the entire altcoin market.
Source: CoinGape