#LeverageLiquidation

Strive's Cole blames leveraged liquidations for STRC, SATA crash

46d ago

Strive's Cole blames leveraged liquidations for STRC, SATA crash

STRC and SATA sold off as leverage liquidations cascaded, and the CEO's own framing — not the dollar move — is the signal that investors should sit with.

TheBlock

STRC, SATA Plunge as Strive CEO Blames Leverage Liquidation

🩸BEARISH

46d ago

STRC, SATA Plunge as Strive CEO Blames Leverage Liquidation

STRC and SATA both cut roughly 10% from par before rebounding — but the intraday round-trip suggests forced selling from margined carry trades, not a real credit break, with double-digit yields…

CoinDesk

STRC, SATA Drop a Leverage Liquidation, Not a Credit Issue: Strive

🩸BEARISH

46d ago

STRC, SATA Drop a Leverage Liquidation, Not a Credit Issue: Strive

The intraday cascade in both preferreds looked like a solvency event, but Cole frames it as forced selling from leveraged holders — and credits strong intraday buying at the lows for the recovery.