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XRP leverage ratio on Binance hits 7-month high after max leverage doubles to 10x

Technical Signals
25 Aug 2026
Crypto Briefing
View Source
Bullish
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The Estimated Leverage Ratio (ELR) for XRP on Binance surged to 0.213 on August 24, marking its highest level since January 2026. This rise follows Binance's decision to double the maximum leverage for XRP futures from 5x to 10x on August 21, encouraging traders to take on more risk. While higher leverage indicates increased trader confidence and potential price momentum, it also raises the risk of sharp liquidations if market conditions reverse. The current ELR is still well below the 2025 peak of 0.59, but continued increases could lead to heightened market volatility.

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