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Monero Price Prediction: XMR Rally Faces Leverage Risk as Open Interest Tops $300 Million

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The post Monero Price Prediction: XMR Rally Faces Leverage Risk as Open Interest Tops $300 Million appeared first on Coinpedia Fintech News

Monero price is approaching a critical test as a strong rally collides with rising leverage in the derivatives market. XMR traded near $635, up approximately 2.56%, after recovering sharply from its summer lows. However, the latest rise comes as futures open interest has climbed above $300 million, a level that previously coincided with heightened volatility. …

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