Privacy coin XMR has performed strongly over the past week, with a price increase of 51.6%. This upward momentum has driven the coin's price to continuously hit new highs. Along with the price rise, market participation has also increased significantly — contract holdings have grown by 69.3% in just four days, currently reaching a scale of 417,500 coins.

This rapid growth reflects investors' optimistic outlook on XMR's future trend. However, it is important to be cautious, as high gains are often accompanied by high risks. Data shows that the total liquidation amount across the network in the past 24 hours reached $3.2264 million, indicating that many leveraged traders were forced to liquidate during this rally. Such large-scale liquidations usually signal excessive market sentiment concentration and may face short-term correction pressure.