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XRP Leverage Hits 0.213, 7-Month High After 44% Rally as $3.4B OI Crowds Long

The XRP leverage ratio on Binance has climbed to its highest point since January. This comes after XRP posted a 44% weekly rally, drawing a fresh wave of leveraged long bets into its derivatives market, even as the price began to cool. Ad Ad Leverage Readings Flash a Warning Traders Cannot Ignore On-chain analytics firm

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