According to CoinGlass data, XRP has risen by approximately 8.4% in the past 24 hours to around $1.402, with its market capitalization reaching approximately $88 billion. This price surge led to the liquidation of over $10.41 million in leveraged XRP positions, with short positions accounting for $8.05 million, or about 77%. Futures trading volume reached approximately $5.51 billion, more than four times the spot trading volume, and total open interest was about $3.05 billion, indicating that traders are adding new leveraged positions. XRP futures trading activity has significantly increased on major exchanges such as Binance and OKX, with the long/short account ratio showing a strong bullish bias.