According to CryptoQuant data, the estimated leverage ratio calculated for XRP on the cryptocurrency exchange Binance has reached its highest level since the beginning of 2026. The data showe
According to CryptoQuant data, the estimated leverage ratio calculated for XRP on the cryptocurrency exchange Binance has reached its highest level since the beginning of 2026.
The data showed a significant increase in leverage usage during the period when XRP was trading near $1.24.
According to Binance’s Estimated Leverage data, the ratio has risen to approximately 0.1899. This level, the highest recorded since the beginning of the year, indicates increased investor interest in leveraged positions in XRP trading.
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In recent months, this ratio has generally fluctuated between 0.15 and 0.18, making several upward attempts, but the latest move has broken above this band. It is noteworthy that this increase occurred during a period when recovery signals in the XRP price were strengthening compared to previous periods of decline.
From a market perspective, leverage reaching its highest level of the year could indicate increased confidence among traders in the continuation of the short-term uptrend. However, high leverage levels make the market more vulnerable to sudden price movements.
According to experts, a sharp move in the XRP price could trigger a liquidation wave in both long and short positions. Therefore, developments in leverage ratios are among the indicators that should be closely monitored in order to assess the risk level in the XRP market in the coming period.
*This is not investment advice.
Continue Reading: XRP Leverage Ratio on Binance Reaches This Year’s Highest Level: What Does This Mean?
