Deribit: Traders focus on XRP options expiring on March 28, with the highest number of open contracts for ITM call options

With the U.S. Securities and Exchange Commission withdrawing its appeal against Ripple, XRP's market capitalization briefly surpassed Tether. Currently, the XRP price remains stable in the $2.4 range. Deribit options data shows that traders are closely monitoring and actively participating in options trading expiring on March 28, with the highest open interest in ITM call options.