Bitfinex XRP Long Positions Reach 5.088 Million XRP.

On Oct. 20, Bitfinex XRP/USD long positions reached 5.088 million XRP, measuring token-denominated exposure on one exchange rather than a count of traders. Bitfinex’s pos.size measure records the position amount in a market’s base asset. For XRP/USD, that amount is denominated in XRP. It does not show how many accounts hold the positions and, by itself, does not establish a broader shift in XRP derivatives positioning. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.