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XRP Price Steady Near $1.08 Amid Falling Open Interest

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XRP
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XRP price in USD has been hovering around $1.08 despite open interest across major exchanges dropping to pre-rally levels.

The decline in open interest suggests that leveraged positions have largely been unwound, unlike during the January and July 2025 price peaks when elevated open interest was seen.

Analysts believe this reduction in leverage could create a healthier market structure if spot demand continues to support XRP.

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