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