Bitcoin’s Binance Leverage Ratio Slides From 0.198 to 0.152 as Price Retreats From $96,000 to $69,000

According to on-chain analysts, Bitcoin’s Estimated Leverage Ratio on Binance has dropped from 0.198 in February to 0.152 while the BTC price declined from $96,000 to $69,000. They argue that this reduction in leverage, alongside signs of spot-driven price action and ongoing short-term holder stress, could indicate a healthier market reset even as overall trading activity remains subdued.