NewsBTC •
April 28, 2026 at 03:20 •
Analysis
XRP has been trading sideways since early February, locked in a consolidation range that has tested the patience of bulls waiting for a decisive move. The price action is frustrating but not directionless — and a CryptoQuant report has just provided a behavioral framework that explains why the current market feels structurally different from the one that existed just two months ago. Related Reading: XRP Spot Buyers Are Getting Stronger While Futures Traders Are Selling – Learn What That $700M Split Means The report tracks XRP’s leverage ratio on Binance — a measure of how aggressively traders are using borrowed capital to amplify their positions. In mid-March, that ratio surged toward 0.185, reflecting a market where confidence was building and traders were willing t...