XRP futures long accounts 74%... price at $1.17

XRP traded at $1.17 on Binance as of 4:33 p.m. on the 7th, down 1.23% over 24 hours, while long accounts accounted for 74% of XRP futures positioning, according to Seandra AI data on Binance's XRPUSDT perpetual futures. Open interest in that contract stood at $395 million, a 5.84% increase from 24 hours earlier, indicating traders added exposure even as price slipped. The heavy long skew alongside rising open interest matters because it signals crowded bullish positioning that could amplify volatility if prices fall further. Market participants will watch whether open interest keeps climbing and whether the long share holds near 74% or unwinds in response to the modest price decline.