XRP’s 44% rally brings leverage back, raising risk of sharper pullback

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XRP’s 44% rally brings leverage back, raising risk of sharper pullback

60-second summary

CryptoQuant data show XRP’s estimated leverage ratio on Binance at its highest since January, with long accounts outnumbering shorts as futures volume runs more than five times spot trading.

CryptoQuant data show XRP’s estimated leverage ratio on Binance at its highest since January, with long accounts outnumbering shorts as futures volume runs more than five times spot trading.