Binance XRP Withdrawals Hit 53.2% on June 15; Leverage Ratio Climbs to 2026 High

XRP0.25%
According to Cryptoquant, on June 15, Binance XRP withdrawals accounted for 53.2% of exchange transaction activity, the highest level since April 10, while deposits fell to 46.7%. The same day, Binance's Estimated Leverage Ratio for XRP climbed to 0.1899, its highest reading of 2026, as XRP traded near $1.24. Higher leverage increases the asset's sensitivity to sharp price swings that can trigger liquidations on either side of the market.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments