XRP traders have increased bullish positioning despite the digital asset's price slipping to the $1 level alongside a surge in negative market chatter.
Futures open interest climbed to $2.78 billion, reflecting heightened capital commitment to the token. Meanwhile, traders on major exchanges Binance and OKX leaned heavily into long positions, indicating expectations of a near-term price rebound.
This accumulation of leveraged bullish bets comes despite social sentiment surrounding the asset dropping to a three-month low.
