XRP price USD remains near $1.08 even as open interest across major exchanges, including Binance, Bybit, OKX, and Kraken, has fallen back to levels last seen before the late-2024 rally. The decline suggests leveraged positions have largely been flushed from the market, contrasting with the elevated open interest seen during the January and July 2025 price peaks. Analysts say the reduction in leverage could create a healthier market structure if spot demand continues to support XRP.
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