XRP Leverage Collapses 78% On Binance – The Crowded Trade Has Been Cleared

Source: Bitcoinist

XRP Leverage Collapses 78% On Binance – The Crowded Trade Has Been Cleared
XRP is trading below $1.40. Weeks of consolidation have given way to renewed selling pressure. And beneath the price action, the derivatives market is telling a story the spot chart cannot. A CryptoQuant analyst tracking Binance derivatives data has identified a deleveraging cycle of unusual magnitu