XRP Open Interest Falls Sharply, ELR Hits 2025 Low; Recovery Possible if Price Clears $3.1 and BTC Breaks $117K
XRP Open Interest Falls Sharply, ELR Hits 2025 Low; Recovery Possible if Price Clears $3.1 and BTC Breaks $117K
CoinOtag 2025-10-16 10:38:30
XRP derivatives market has sharply deleveraged: large long-side liquidations of about $610 million pushed the Estimated Leverage Ratio to 0.155, halving Open Interest and reducing systemic leverage. Bulls will need