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XRP withdrawals reach 53% as leverage rises
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XRP withdrawals reach 53% as leverage rises

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  • XRP (CRYPTO:XRP) withdrawals on Binance exceeded deposits, accounting for 53.2% of exchange transaction activity on June 15.
  • Binance's XRP Estimated Leverage Ratio rose to about 0.1899, its highest level of 2026.
  • Analysts said the combination of elevated withdrawals and leverage is an important market risk indicator to monitor.

XRP (CRYPTO:XRP) withdrawal activity on Binance rose to 53.2% of transaction flows on June 15, while the exchange's XRP leverage ratio reached its highest level of 2026.

The withdrawal reading was the highest since April 10, when the metric reached 53.4%, marking a shift away from deposit-dominated activity.

“Binance withdrawal dominance reached 53.2% on June 15, the highest reading since April 10, when the metric stood at 53.4%,” said CryptoQuant analysts.

Withdrawal dominance remained elevated at 53.1% on June 16 as XRP traded near US$1.22, while deposit activity stayed lower at 46.8%.

CryptoQuant said exchange-flow and leverage data remain important indicators to monitor for potential changes in market conditions, and following the announcement the XRP price was unchanged at US$1.22.

Binance's Estimated Leverage Ratio for XRP climbed to about 0.1899 as XRP traded near US$1.24, moving above its recent range of 0.15 to 0.18.

“Developments in this indicator remain an important factor to monitor in the coming period to assess the inherent risk level in the XRP market,” said CryptoQuant analysts.

At the time of reporting, XRP price was $1.22.

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