On November 24th, according to CryptoQuant's on-chain data, Binance Ethereum's leverage ratio recently surged to a record high of 0.562, rebounding strongly after plunging from 0.53 to 0.41 in mid-October. However, while the leverage ratio continued to climb, the ETH price fell from about $4,200 to $2,800, forming a clear bearish divergence.
This shows that traders did not reduce their risk when the price fell, but instead aggressively opened up leverage and bought on the dip. This highly leveraged environment is extremely fragile, and even a small decline may trigger a large-scale liquidation chain reaction. The market is like a time bomb, and traders need to be highly vigilant of the current extreme risk state.
Binance Ethereum leverage hits new high, price divergence prompts risk warnings
2025-11-24 01:58:48
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
ETH breaks through $2,800Next article：
BTC breaks through $87,000
