XRP’s Recovery: Still Broken, But At Least It’s Not a Dog

A CryptoQuant report has finally given us the emotional support we didn’t know we needed. It turns out, the leverage ratio on Binance-your favorite metric for measuring how aggressively traders are throwing money into the void-was once as high as a toddler on a sugar rush. Mid-March, it hit 0.185, which is basically the crypto equivalent of “I’m so confident, I’ll bet my firstborn on this.” But then, as if summoned by a cosmic joke, the market decided to crash and burn, leaving traders with the emotional resilience of a houseplant in a hurricane.



