XRP Sees $315M CVD Recovery on Binance as Leverage Ratio Hits Lowest Since 2024

TLDR: XRP’s combined spot and perpetual CVD on Binance recovered by $315M between March 23 and March 25. Binance open interest held between $185M and $192M, showing buying returned without added leverage pressure. XRP’s Estimated Leverage Ratio dropped to 0.134 on Binance, marking the lowest reading recorded since 2024. Multi-exchange OI delta averaged -$14M daily [...]

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