According to U.Today, XRP open interest on MEXC increased by nearly 20%, while across all exchanges it rose by just 0.86% to $2.25 billion. The report also noted that XRP liquidations over the past 24 hours totaled $18.83 million, with long positions accounting for 94%. An increase in open interest reflects changes in unsettled positions and cannot be directly interpreted as net capital inflows or a bullish signal; the aforementioned data metrics and market analysis are both sourced from the report.