Ethereum Estimated Leverage Ratio Reaches 0.5617 on Binance as ETH Hovers Around $3,100

Ethereum's estimated leverage ratio on Binance hit a record 0.5617 on November 19, data show. ETH spot price held relatively steady near $3,100, having declined 13% over the preceding seven days. Analysts warn the pairing of elevated borrowed capital with a compressed price range amplifies liquidation risk.