- $XRP’s leverage ratio on Binance has dropped to historically low levels even as the price holds above $1.35.
- Low leverage and price stability signal reduced futures speculation after 2025 peak deleveraging reset.
- The setup typically could trigger sharp volatility and a decisive directional price move in the near term.
As of May 1, 2026, XRP’s estimated leverage ratio on Binance has dropped to historic lows near 0.13 even as the token holds firmly above $1.35. CryptoQuant data highlights this rare divergence after major 2025 deleveraging that flushed speculative futures positions. Traders now watch as spot flows dominate a cleaned market.
$XRP’s Leverage Ratio Hits Historic Lows
According to sources, XRP’s leverage ratio has dropped to historic lows on major exchanges like Binance. Even as the XRP price holds firmly above the key $1.35 level in early May 2026, the estimated leverage ratio has collapsed to around 0.13–0.15, representing one of the lowest readings in years.
Source: X
Above chart shows the blue leverage ratio line dropping to around 0.15 in early 2026, contrasting with the black price line that stabilized after peaking near $3 in 2025. The low leverage indicates a major reset in speculative derivatives activity, with reduced open interest and minimal overleveraged positions remaining in the XRP ecosystem.
Root Cause of XRP’s Extreme Low Leverage Divergence
XRP’s extreme low leverage divergence traces directly to a full derivatives reset that began after the token’s 2025 bull run. CryptoQuant data shows the estimated leverage ratio collapsing 78% from its mid-2025 peak of 0.59, when XRP traded near $3, to just 0.13–0.15 by early 2026, driving open interest down to about $375M.
At the same time, genuine spot demand prevented a deeper price collapse. Large exchange outflows, including XRP’s sixth-largest single-day withdrawal in recent weeks, show coins moving into self-custody and long-term holding. This structural accumulation absorbed selling pressure and kept the price steady above $1.35–$1.37 even as leverage faded.
Related: XRP Price Prediction: Ripple CTO Explains Rising Fees as Price Tests $1.36
What’s Next for XRP After Historic Low Leverage Ratio?
With leverage reset and price coiling above $1.35, XRP is entering a phase where compressed derivatives positioning could amplify the next major move. Currently XRP is trading at $1.40 with a 2.03% surge in the last 24 hours showing short-term strength.
According to coincodex data, XRP is projected to reach $1.58 in three months and $1.69 in one year. A breakout above $1.45 resistance or a breakdown below key support may occur quickly once catalysts reappear. The setup typically could trigger sharp volatility and a decisive directional price move in the near term.
If open interest rises alongside renewed spot buying, XRP could face a leveraged expansion higher, with upside targets near $1.80–$2.00 as reduced liquidation risk allows momentum to accelerate. On the other hand, a loss of $1.35 support under renewed selling pressure could trigger a swift correction toward $1.10–$1.20 before fresh demand stabilizes the market.
Therefore, with futures positioning largely reset and exchange outflows indicating accumulation, the market is now in a compressed state where any shift in sentiment could drive a decisive breakout or breakdown.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
