leveraged

According to on-chain analyst Ai Yi's monitoring, two addresses belonging to the same whale or entity withdrew 109 WBTC from Binance in the past 5 days, worth 6.572 million USD; subsequently, 93.47 WBTC was lent out as collateral for USDC, and 31.07 WBTC, worth 1.86 million USD, was added to the position on-chain 9 hours ago. Currently, this whale has accumulated a position of 8.431 million USD in WBTC, with an average price of 60,188 USD.

According to The Kobeissi Letter, the 2x leveraged long MicroStrategy ETFs ($MSTX, $MSTU) have both fallen about 82% this year; another 2x leveraged product $MSTP has also dropped 81%.During the same period, MicroStrategy ($MSTR) itself has decreased by 46% this year, with a single-week drop of 27% last week. As a result, $MSTX, $MSTU, and $MSTP nearly halved last week.The report points out that the leveraged MicroStrategy ETFs launched in 2024 (both long and short) have seen declines of over 90% since their launch, despite billions of dollars flowing in previously, but the leverage effect is significantly amplifying the losses.Note: Leveraged ETFs typically use a daily reset mechanism, aiming to achieve an integer multiple of the underlying's daily price changes. In highly volatile markets, even if the underlying has an overall increase or decrease over a period, frequent price fluctuations can cause the compounding effect to lead to actual performance deviating from the expected multiple, continuously eroding the net asset value. This is known as "volatility decay" (also referred to as Beta Slippage).

StableStock officially launched its leveraged spot trading feature today. Users can now directly use stablecoins to conduct leveraged spot trading on global market targets, accessing the real stock market through stablecoins.Leveraged spot trading supports zero interest for intraday trading: positions opened and closed before the end of the day's after-hours session do not incur interest, with only the overnight portion subject to interest calculation according to the rules, effectively reducing the holding costs for active traders. This covers major global markets, allowing for leveraged trading on over 700 targets, with a maximum leverage of about 10 times, including SK Hynix, Samsung Electronics, Zhizhu, and many popular US stocks; in addition to individual stocks, several short (inverse) ETFs are also included, providing options on both long and short sides.StableStock CEO Zixi stated: "Leveraged spot trading further connects stablecoin settlement with the real stock market, marking another step for stablecoins from being a settlement tool to becoming an entry point for real asset trading."Users must complete identity verification (KYC) and transfer funds to the leveraged account before use; interest calculation, forced liquidation, and other details are subject to the product page. Leveraged trading will amplify both gains and losses, so please use it cautiously.StableStock is supported by institutions such as YZi Labs, MPCi (Matrix Partners China), and Vertex Ventures, and currently supports trading on approximately 1,400+ global stock targets, with plans to continue expanding into more markets and categories.

GraniteShares announced the upcoming launch of the first leveraged ETFs in the United States based on SK Hynix, offering 2x long and 2x short exposure, providing investors with leveraged trading tools for a single AI storage leader.

According to Onchain Lens monitoring, Garrett Jin holds a long position of 1,268 BTC (5x leverage), and with the BTC price around $60,000, the current unrealized loss exceeds $20.4 million.

According to Onchain Lens monitoring, a certain whale opened a 20x leveraged short position on Ethereum after 8 months of silence, currently holding 12,832 ETH, with a position value of 19.7 million USD.

According to Onchain Lens monitoring, two newly created wallets that may belong to the same whale deposited 8 million dollars into Hyperliquid to open a 20x leveraged Bitcoin long position, currently holding 400 BTC, with a position value of 23.5 million dollars.

According to on-chain analyst @ai_9684xtpa, BTC has once again fallen below $60,000. The 5x leveraged Bitcoin long position of "1011 insider whale" agent Garrett Jin has incurred an unrealized loss of $21.12 million. The opening price for his 1,268.33 BTC was $76,117, and the marked price is $59,466, which has decreased by 21.8%.

According to Hyperbot data, the 25x leveraged Ethereum long position of Ma Ji Da Ge Huang Li Cheng continues to reduce its holdings, with only 100 ETH remaining. The liquidation price is currently reported at $1509, and the return on investment is -127.57%.

According to on-chain analyst Onchain Lens (@OnchainLens), Machi's ETH 25x leveraged long position was completely liquidated, resulting in a loss of 1.9 million USD. Notably, after being liquidated, Machi immediately opened a new ETH 25x leveraged long position, with cumulative losses exceeding 35.4 million USD.

The scale of U.S. leveraged ETFs is growing at a record pace, with investors' leverage usage also at a record high. Currently, the assets under management of the 3x long Nasdaq 100 Index ETF TQQQ have risen to approximately $40 billion, nearing historical highs. Meanwhile, the assets under management of the 3x long semiconductor ETF SOXL have reached a historical high of $34 billion. Since April, the asset size of SOXL has increased more than threefold, and the asset size of TQQQ has nearly doubled. In contrast, the 2x long Nasdaq 100 Index ETF QLD has grown by $7 billion during the same period, an increase of 88%, with a size close to the historical high of $15 billion. Driven by this, the total assets under management of U.S. leveraged ETFs have reached a historical high of $198 billion, a 55% increase during the same period.

According to the official announcement, Binance will remove the following leveraged trading pairs on June 26 at 14:00: cross-margin leveraged trading pairs 1000 CHEEMS/USDC, ACX/USDC, LA/USDC, T/USDC, and isolated-margin leveraged trading pairs 1000 CHEEMS/USDC, ACX/USDC, LA/USDC, T/USDC.Please note that the lending services for the relevant trading pairs will be suspended on June 23 at 14:00, and automatic liquidation and settlement will take place on June 26 at 14:00.

According to Onchain Lens monitoring, a certain whale opened a 20x leveraged short position on Ethereum, currently holding 23,000 ETH, with a position value of 39.64 million USD and a liquidation price of 1,832.43 USD.Since June 10, this whale has profited over 3.15 million USD through ETH long and short trades.

According to Onchain Lens monitoring, James Wynn opened a short position of 12.57 BTC again after completely liquidating, with a leverage of 40 times.

According to on-chain data monitoring, the whale "pension-usdt.eth" has just opened a 3x leveraged ETH short position after closing all Ethereum short positions yesterday. The current position holds 871.3249 ETH, with a position value of approximately 1.5 million USD and an investment return rate of 0.25%.

Strive CEO Matt Cole stated that today is the most difficult day in the history of digital credit. STRC rebounded significantly after hitting a low of $82.5 during the trading session, while SATA recovered after dropping to just over $90 near its par value, with many investors experiencing a tough trading day. Matt Cole indicated that what occurred today was a leveraged liquidation event, not a deterioration in underlying credit quality.He pointed out that when investors find a certain type of asset with a high yield, relatively low volatility, and strong underlying credit characteristics, they often increase returns through borrowing and leveraging. However, once the market moves in the opposite direction, forced selling can trigger a cycle of price declines, margin calls, and further selling, causing the sell-off to detach from fundamentals and driven by balance sheet constraints. He emphasized that the issuer's credit quality remains robust. Strive's dividend reserves are intact, the company is not under pressure, and it still has the ability to meet obligations and continue executing its strategy.He also mentioned that both STRC and SATA saw significant buying near their intraday lows and quickly recovered, indicating that there is actual demand in the lower price range. Matt Cole stated that liquidation events are not the same as credit events. Today's price fluctuations did not change his confidence in the long-term opportunities in digital credit; instead, it reinforced his view that the sector is building a new category of financial instruments and will experience similar growing pains before maturing into a large fixed income market.

According to The Defiant, after the market correction in early June, the fees for major DeFi lending protocols and DEXs have significantly declined.In the past 7 days, Aave V3 fees decreased by 60% to $6.72 million, Morpho Blue decreased by 60% to $3.27 million, and Maple Finance decreased by 59% to $1.25 million; on the DEX side, Uniswap V3 decreased by 57% to $3.74 million, and Curve decreased by 65% to $891,000.However, from a 30-day perspective, Morpho Blue fees increased by 23%, Maple increased by 49%, Uniswap V3 increased by 27%, and Curve increased by 71%. This indicates that the sharp drop in weekly fees is mainly a short-term phenomenon caused by the unwinding of leveraged positions, rather than a structural decline in on-chain lending and trading demand.

According to the official announcement, Binance will remove the following full-margin trading pairs on June 19 at 14:00: CVC/USDC, RPL/USDC, RVN/USDC, XAI/USDC.Users should note that during the removal process, all positions in the above trading pairs will be automatically closed and liquidated. It is recommended to close positions or transfer assets before this time.

According to Onchain Lens monitoring, the whale address 0x97f holding a 50x leveraged short position on HyperLiquid's S&P 500 ($SP500) has completely closed its position.Data shows that this position ultimately realized a profit of over $1,565,000, and this closing also ended the address's high-leverage betting operations in the S&P 500 market.

According to Onchain Lens, the on-chain address "0x049" has opened a total of 162.62 BTC and 6,136 ETH long contract positions in the past two weeks, with a leverage ratio of 20 times, and the total nominal position value is approximately 20 million USD.