Bearish
Stellar's (XLM) open interest drops 11% amid broader crypto market sell-off.
In the past 24 hours, Stellar (XLM) experienced a significant decline in open interest, falling 11.79% to $142.74 million. This downturn aligns with a broader market sell-off, where the crypto market saw over $465 million in liquidations, with long positions accounting for more than half of the total. The decline in open interest suggests profit-taking and reduced investor confidence in the short term.
Key points
- Stellar's open interest drops 11% amid broader crypto market sell-off.
- Stellar's tokenized real-world asset market cap quadruples to nearly $4 billion.
- Stellar's XLM shows bullish chart patterns, mirroring XRP's price movements.
Sources
- Stellar (XLM) Open Interest Crashes 11% in Market's First Major 2026 DropTradingView News · September 1, 2026
- Stellar tokenized RWA market more than quadruples to nearly $4BTradingView News · September 1, 2026
- Stellar’s XLM has 'most bullish chart' in crypto, mirroring XRP priceTradingView News · September 1, 2026
AI-generated from public news sources. Not financial advice.
