Crypto news report · source clearly identified
XRP’s 44% Rally Pushes Leverage to Highest Level Since January
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.
After a 44% price surge, XRP has seen its estimated leverage ratio on Binance climb to the highest level recorded since January. The rise in leverage reflects a shift in trader positioning, with long‑side accounts now outnumbering short‑side accounts.
Leverage Ratio Peaks
CryptoQuant’s metrics indicate that the leverage ratio for XRP futures on Binance has reached a new high for the year, suggesting increased exposure among traders who are betting on further price gains.
Long‑Short Imbalance
Data shows that the number of long accounts exceeds short accounts, highlighting a bullish sentiment among market participants.
Futures Activity Dominates Spot
Futures trading volume for XRP is reported to be more than five times the volume of spot trading, underscoring the prominence of derivative markets in the recent rally.
Source & attribution
News Source
- Publisher
- CoinDesk
- Original date
- August 26, 2026, 5:16 AM
- Original headline
- XRP’s 44% rally brings leverage back, raising risk of sharper pullback