XRP (CRYPTO: XRP) has lost $457 million in leveraged futures positions over the past five months. Its open interest (OI) dropped 70%, from $660 million in October 2025 to $203 million by early March 2026, while the XRP price slid from $2.90 to $1.40 in the same period. The last time XRP's open interest fell to these levels was April 2025, when the price was sitting around $1.80. What followed was a rally to $3.65 by July, marking a 103% gain in three months. With the Open Interest dropping so right now, i ...