Asia Morning Briefing: Crypto’s Rising Leverage Trades Show Signs of Stress, Galaxy Digital Says
Crypto loans are back near bull-market highs, but last week’s $1B liquidation shows leverage is cutting both ways.
Leveraged Trading
Crypto’s Most Watched Whale Gets Fully Liquidated After Placing Billions in Risky Bets
Wynn’s high-leverage crypto trades on Hyperliquid resulted in a net loss of over $17 million and captivated the community.
Leveraged Ether ETF to Start Trading June 4, Sponsor Volatility Shares Says
Volatility Shares’ 2x Ether Strategy ETF (ETHU) will become the first leveraged crypto ETF available in the United States after the U.S. Securities and Exchange Commission (SEC) let it go effective, the company posted on their website, adding that trading will begin on June 4.