With leverage outnumbering spot volume 6 to 1, XRP traders are walking a $2.36B tightrope

Stablecoin-margined XRP open interest on Binance fell to about $186 million on July 31, its lowest level since April 2025, according to CryptoQuant. Bybit held roughly $229 million in the same contract type, about $43 million more than Binance. XRP trades near $1.03, putting the token roughly 3% above the $1 level that has become […] The post With leverage outnumbering spot volume 6 to 1, XRP traders are walking a $2.36B tightrope appeared first on CryptoSlate.