leverage ratio

XRP Leverage Ratio Flattens While Price Holds Near $1.39, Institutional Inflows Signal Structural Shift

XRP's leverage ratio has flattened at low levels while price holds near $1.39 with an $85.7B market cap and $1.75B daily volume. CryptoQuant analyst PelinayPA notes traders reduced speculative exposure yet price didn't follow lower. With $2.48B in open interest and CME's regulated XRP futures and options now live, the market has shed crowded positioning from earlier rallies. Year-to-date institutional product flows total $147.8M with AUM at $2.6B, while XRPL network activity shows 2.7M daily payments and 35% tokenized asset growth. The cleaned-up book creates potential for sharper moves in either direction depending on whether leverage and spot demand return or fade.