The US Strategic Petroleum Reserve is now at its lowest level since April 1983. Over the past 5 years we've seen a drawdown of 305 million barrels (49% decline)
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NEW: Scientists use AI to fully virtually unwrap a 2,000-year-old scroll burned in the eruption of Mount Vesuvius, revealing 20 columns of text
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Update:
Damn! It looks like the wallet that accumulated 5M $JIMOTHY for $58.7K (after adding more yesterday) has now capitulated
1 hour ago, it sold the entire position for $30.5K, incurring a $28.29K loss
wallet: ALY8eYje7CnGGBEcgQ8AWR5SctCoL867RznVh2zgKUto
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Damn! It looks like the wallet that accumulated 5M $JIMOTHY for $58.7K (after adding more yesterday) has now capitulated
1 hour ago, it sold the entire position for $30.5K, incurring a $28.29K loss
wallet: ALY8eYje7CnGGBEcgQ8AWR5SctCoL867RznVh2zgKUto
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A massive leverage unwind is underway in semiconductor ETFs:
Assets under management (AUM) in US leveraged semiconductor ETFs have dropped -$63 billion from the June peak, to $100 billion, the lowest since late April.
This marks a -39% decline, the largest drawdown since April 2025, when assets more than halved from their August high.
This also accounts for 63% of the -$100 billion decline in AUM across all US leveraged ETFs over the same period.
The selloff came after assets in these funds nearly tripled between the last week of March and their June peak.
Even after this sharp unwind, leveraged semiconductor ETF assets remain +400% above January 2023 levels.
Investors are aggressively cutting leverage.
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Assets under management (AUM) in US leveraged semiconductor ETFs have dropped -$63 billion from the June peak, to $100 billion, the lowest since late April.
This marks a -39% decline, the largest drawdown since April 2025, when assets more than halved from their August high.
This also accounts for 63% of the -$100 billion decline in AUM across all US leveraged ETFs over the same period.
The selloff came after assets in these funds nearly tripled between the last week of March and their June peak.
Even after this sharp unwind, leveraged semiconductor ETF assets remain +400% above January 2023 levels.
Investors are aggressively cutting leverage.
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Its kinda funny how every amber alert is just "divorced dad without custody takes his kid"
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Describing Andrew and Tristan Tate as 'White males' is quite something
This is their father, Emory Tate:
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This is their father, Emory Tate:
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Media is too big
VIEW IN TELEGRAM
Indian Prime Minister Narendra Modi:
We will make cleanliness our habit. Cleanliness will become our culture.
We will make cleanliness a part of our everyday lives.
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We will make cleanliness our habit. Cleanliness will become our culture.
We will make cleanliness a part of our everyday lives.
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