Trading Interest Increases Amid Testing of Ripple RLUSD

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By Maya Cantina

Open Interest (OI) refers to the total number of outstanding derivative contracts for an asset. An increase in OI and a rise in prices usually indicates that new money is entering the market. On the other hand, if price rises but OI falls, the increase may be due to short-covering rather than new purchases, potentially signaling a weaker trend.

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