XMR breaks through $700 to hit a new all-time high, with contract open interest rising to $291 million

On January 14, according to CEX market data, the privacy token Monero XMR briefly surged past $700 to hit a new all-time high. It is currently priced at $698.1, with a 24-hour increase of 8.25%. The total contract holdings of XMR across the network have also risen, with current contract holdings reaching $291 million, a 150% increase from $116 million five days ago.

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