🚨JUST IN: @GEMINI LAUNCHES $XRP PERPETUAL CONTRACTS FOR EU USERS WITH UP TO 100X LEVERAGE ...

Summary of Key Points from the Conference Call Industry Overview - The report focuses on the performance of various fundamental long/short (L/S) managers across Asia, Japan, and China, highlighting their returns and market dynamics in October 2025. Core Insights and Arguments - **Asia Fundamental L/S Performance**: - Achieved a return of +1.5% compared to MXAP's +3.6% - Positive returns for six consecutive months, primarily driven by beta returns, with volatility noted in the first two weeks of October followed by a strong recovery in the latter half [2][2][2] - Year-to-date (YTD) performance stands at +23.8% against MXAP's +28.2% [2][2][2] - **Global Fundamental L/S Managers**: - Reported a gain of +1.8% in October, slightly trailing MSCI World AC's +2.0% - Positive returns were attributed to asset selection, concentrated longs, and sector tilts, particularly in Health Care and Info Tech [2][2][2] - **China Fundamental L/S Managers**: - Achieved a return of +2.1% compared to MXCN's -3.8% - Strong performance driven by alpha, with asset selection being the main factor [4][4][4] - **Japan Fundamental L/S Managers**: - Experienced a decline of -2.0% against MXJP's +7.9% - Negative alpha was the key detractor, with size and concentrated shorts impacting performance [5][5][5] - **Trading Flows**: - Asia recorded the largest risk-on flows in nearly a decade, with significant net inflows [15][15][15] - Asian equities saw a notable increase in net buying, with long buys exceeding short sales at a ratio of 3.3 to 1 [17][17][17] - **Sector Positioning**: - TMT (Technology, Media, and Telecommunications) stocks saw the highest monthly buying in records, with a sixth consecutive month of inflows [36][36][36] - Industrials and Financials were among the sectors with significant net buying, while Consumer Discretionary stocks faced selling pressure [41][41][41] Additional Important Insights - **Leverage Trends**: - Global Prime book gross leverage decreased by 4.2 points, while Asia Fundamental L/S managers saw an increase in both gross and net leverage [10][10][10] - **Market Dynamics**: - Hedge funds unwound macro shorts at a high pace post-elections, indicating a shift in market sentiment [23][23][23] - Net allocation to Japan in the GS Prime book increased by 65 basis points to 6.0%, while gross allocation declined slightly [30][30][30] - **Sector-Specific Trends**: - The Info Tech sector dominated inflows, with long buys significantly outpacing short sales [36][36][36] - Consumer Discretionary stocks reverted to selling after previous net buying, indicating a potential shift in investor sentiment [41][41][41] This summary encapsulates the key points from the conference call, providing insights into the performance of various markets and sectors, as well as trading flows and leverage trends.

Agree, knife catching with leverage is hard.Got stopped a few times.Bottom is in or very close (5-10% on BTC max).I'm more focused on time than the actual price.I think the major low before the next leg up is due, so I'm remaining spot long for now.If I'm wrong, I know where my invalidation is and I'll lose some more money.The juice is worth the squeeze for me here.T (@TorayKortan):Allocated several attempts to capture monthly low. Like I said, aggression and risk tolerance is warranted for me.Been picking ...

If you're gonna leverage trade, you might as well do it with someone else's money.People still don't realize that @Breakoutprop is a different product.The downside risk is fixed - your maximum loss is the cost of your account.And you get all the upside of trading with a larger notional balance with leverage on top.If it all goes to shit, you lose the account, not your entire portfolio.Losing the account sucks, but it's a lot better than getting wiped out.Breakout (@breakoutprop):Over 1 BILLION USD in liquid ...

Bitcoin slipped below $100,000 for the first time since June 2025 and officially entered bear market territory with a 20% decline from its October 6 record high as crypto markets wiped out over $1 trillion in total market capitalization. The sharp downturn, driven primarily by unprecedented leverage levels rather than weakening fundamentals, has left 300,000 traders liquidated daily on average while crypto adoption, deregulation, and technological advancement continue at a record pace. The massive selloff ...

bitcoin long-term holders dumped 405,000 btc in 30 days. 1.94% of entire supply changed hands from diamond hands to leverage traders. blackrock sold $2.35b in one day after being the bid for months. $1.8b in longs get liquidated if we break $95k. that's your line in the sand. ...

is nobody else who trades this thing cuz it's a piece of token. Then you found out what it's really worth. 75 80% down.That's what that thing is worth. >> Comments I've seen on Twitter or threads everywhere. They are just pissed off at certain exchanges.Break it down for these people. What exactly happened. So let's say if I lose a lot of money that day, what happened behind the scenes.>> Well, there's certain traders who were had leverage positions on I guess altcoin contracts. There's a, you know, volatil ...

Market Liquidation - $13 亿（Billion）美元的多头和空头头寸在过去 24 小时内被清算 [1] Leverage Concerns - 市场对投资者杠杆使用程度表示担忧 [1]

i know we keep buying the dips and they keep on dipping, but sentiment is eerily similar to after the FTX implosionthings were so bad and the market kept punishing dip buyers for a sustained period of time, so much so that everyone gave up on the market and thought we were done for good... at least for a much, much longer timeframesentiment was eerily similar to what we have right now:"pack it up, we won't see a sustained crypto rally for the foreseeable future because the FTX implosion has caused 'structur ...

Environmental Science/Sustainability - Nature possesses inherent leverage [1]