ChainCatcher Message, CryptoQuant analyst Maartunn stated on social media that the recent rise of XRP is accompanied by increased contract positions, and the last similar event led to a 17% price retracement. Investors need to pay attention to volatility, stay sharp, and manage risks accordingly.

According to Coinglass data, as of the time of publication, the total XRP positions across the network have exceeded 4 billion USD, currently reported at 4.181 billion USD (1.747 billion XRP), with a 27% increase in total positions over the past 24 hours (with the price rising 29.2%).