Ethereum ELR on Binance Hit 0.611 on December 19, with Taker Buy/Sell at 1.13

On December 19, Ethereum’s derivatives activity on Binance saw its Estimated Leverage Ratio climb to 0.611, while the Taker Buy/Sell Ratio rose to 1.13. These readings suggest buyers are paying market prices to enter longs and are using elevated leverage. ETH was trading just above $2,900 at the time, up over 3% on the day.