Why Matt Cole Believes Last Week's STRC Crash Was a Leverage Liquidation

Description

STRC fell from the high eighties to $82.50, then bounced back to nearly unchanged on a sudden spike in volume. Matt Cole of Strive argues that pattern points to forced selling of leveraged positions, not a broken instrument, and contrasts it with SATA, which traded on steady volume through the same week. A close look at how leverage, not credit, drove the move. Hosts: Laura Shin, Founder, CEO and Host of Unchained - https://x.com/laurashin Guest: Matt Cole - Chairman and CEO of Strive - https://x.com/ColeMacro This clip is from a longer conversation on the stress in Bitcoin treasury digital credit. Full episode here: https://youtu.be/VYWlOKgHCV8 We go live twice every week - subscribe to catch it live. Sponsors Fidelity: Fidelity has been building in crypto and DeFi since 2014 — now they're hiring. Explore career opportunities at one of the most forward-thinking names in finance here: https://crypto.fidelitycareers.com. Chapters 🗓️ 00:00 What actually happened to STRC and SATA last week ⚡ 00:22 Why Matt points to leverage, not credit, for the STRC move 📊 01:32 The volume signal that tipped him off to a liquidation 🔍 02:30 The early weakness that wasn't a liquidation at all 🔀 02:57 Why SATA's chart told a completely different story _______________________________________________________ #bitcoin #ethereum #crypto #cryptocurrencies ++++++++++++++++++++++++++++++++++++++++++++++++ Subscribe to our channel! Website → https://unchainedcrypto.com Unchained Daily Newsletter (FREE!)→ https://unchainedcrypto.beehiiv.com/subscribe/ Unchained X → https://x.com/unchained_pod Apple → https://podcasts.apple.com/us/podcast/id1123922160?ls=1 Spotify → https://open.spotify.com/show/1cJrrfGY1SKBIRn5noKSAf?si=6SI4qIcRTEO7EhOe0V9n4w RSS Feed → https://feeds.megaphone.fm/LSHML4761942757 Unchained: Your no-hype resource for all things crypto!