ETH ETFs Surge Amidst Risk Signaling Binance Leverage

Ethereum spot exchange-traded funds (ETFs) saw a resurgence in inflows, with 16,900 ETH flowing in Monday after a significant week of outflows. While this trend signals continued institutional confidence, the recent pullback from Ethereum’s all-time high of $4,957 brings attention to rising risk stemming from Binance leverage. Binance’s Estimated Leverage Ratio (ELR) currently sits at 0.53, indicating a significant increase in margin usage among traders. This elevated leverage level amplifies the possibility of liquidations should ETH prices decline sharply.