Markets· ★★· bullish·

Monero climbs 10% as XMR open interest hits $261M

  • —XMR spot volume rose 171% to $13.13 million; futures volume up 70% to $200 million
  • —Open interest climbed 11% to $261 million
  • —Longs make up about 63% of tracked positioning
  • —XMR trades above key EMAs, holding the $475–$500 demand zone
Why it matters: Rising volume and open interest confirm traders are returning, but crowded longs could amplify a reversal if spot demand fades.
Source: AMBCrypto