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.
- XRP’s estimated leverage ratio on Binance rose to about 0.21, its highest since January, after the token rallied 44 percent over the past week.
- Futures volume reached about $6.4 billion in 24 hours, more than five times spot volume, while open interest totaled $3.45 billion and traders were heavily tilted toward long positions.
- XRP fell nearly 5 percent to $1.44 on Wednesday, raising the risk that further declines could trigger forced liquidations and accelerate the pullback.
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The Definitive Stablecoin Landscape Series: Asia Pacific
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Why it matters :
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Cathie Wood says smart investors need to start watching where AI agents spend money
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