XRP's 365-Day MVRV Slips to 0.92, Leaving Year-Long Buyers Underwater

XRP's 365-day MVRV slipped to 0.92, leaving year-long buyers underwater. Binance futures open interest fell 15.8%, and exchange reserves near $15.7 billion loom over any rebound. The metric signals holders who bought a year ago are now at a loss, with weak futures positioning and heavy reserves pressuring the token's price recovery.