Binance’s estimated leverage ratio for XRP surged to its peak since the beginning of 2026, reaching approximately 0.1899 while the coin traded near $1.24. This marks the highest leverage reading recorded for XRP on the exchange this year, according to CryptoQuant data.
Leverage Ratio Dynamics
The metric, which typically oscillated between 0.15 and 0.18 in recent months, broke above that band as XRP showed stronger recovery signals. CryptoQuant’s analysis indicates that investors are increasingly using leveraged positions to amplify exposure to the crypto asset.
Potential Market Risks
Analysts warn that such elevated leverage could expose the XRP market to abrupt price swings, potentially triggering mass liquidations for both long and short holders. Monitoring leverage trends remains essential for assessing risk levels in the blockchain‑focused crypto market.