Macro: Treasury buyback, equity selloff and trader positioning
The US Treasury plans up to $95B in debt buybacks, equities are still up $5T YTD despite a brutal week, and TraderSZ is positioned short on BNB, MONAD and ICP.
What we know
Coin Bureau reported a Treasury buyback of up to $95B over three months. Frank Chaparro noted US stocks are still up $5T YTD per Apollo. TraderSZ flagged BNB as heavy and is building a MONAD short. CoinDesk raised the possibility of Democratic commissioners at the SEC and CFTC.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.