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XRP futures volume surged by 208% in 24 hours, with open interest increasing by 15%.
According to BlockBeats news on August 8, glassnode reported that XRP futures trading volume surged, with a 24-hour volume increase of 208%, reaching $12.4 billion, surpassing SOL's $9.6 billion. Open interest climbed to $5.9 billion (+15%). glassnode's analysis indicates that the current market funding rate suggests a larger number of long positions, which may increase liquidation risk if the price falls.
XRP4.93%