XRP Open Interest Declines by 25% Following October Deleveraging Event

According to NS3.AI, Glassnode reported a significant decrease in XRP perpetual open interest, which fell by approximately 25% to $1.5 billion. This decline follows a deleveraging event in early October 2025. The earlier selloff had reduced open interest from $7 billion to $2 billion, and speculative positioning has not seen substantial rebuilding since then.