Coin World News reports that 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 rose to $5.9 billion (+15%). Glassnode analysis indicates that the current market funding rate suggests a higher number of long positions, and if prices decline, it may increase the risk of liquidation.