Monero Futures Open Interest Tops $300M as Leverage Builds

TL;DR Monero futures open interest surpassed $300 million, approaching January’s roughly $320 million record, while open interest measured in tokens reached a five-week high of 515,730 XMR. A later CoinMarketCap reading placed XMR near $601.86 , with a 24-hour range between $570.60 and $624.98 as leveraged positioning remained elevated. January’s similar buildup preceded a 66% price decline, but the historical comparison signals liquidation risk rather than predicting the same outcome again now. Monero futures open interest has climbed above $300 million as leveraged positioning expands alongside XMR’s return above $600. The reference snapshot placed notional open interest near January’s record of roughly $320 million, while open interest measured in tokens reached 515,730 XMR, a five-week high after rising from about 400,000 XMR one week earlier.

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