XRP Price Stabilizes Near $1.08 as Leveraged Positions Unwind

XRP's price in USD has stabilized near $1.08, and open interest across major exchanges like Binance, Bybit, OKX, and Kraken has dropped to pre-rally levels.

This decline suggests that leveraged positions have largely been unwound from the market, which is a departure from the elevated open interest seen during price peaks in January and July 2025.

According to analysts, the reduction in leverage could lead to a healthier market structure if spot demand continues to support XRP.