XRP traders on Binance are taking a more cautious approach as the Open Interest Turnover Ratio stabilizes, pointing to a notable slowdown in speculative activity. According to CryptoQuant data, Binance’s XRP Open Interest Turnover Ratio has stabilized at approximately 0.71, while total open interest currently stands at around 375.56 million XRP. The latest readings suggest the derivatives market has become more balanced as traders reduce aggressive leveraged positions.