Movement Alert|T-Rex 2X Long MSTR Daily Target ETF Falls 9.08% in Pre-Market Trading, Bitcoin Drop Below $84K Triggers Leveraged Long Liquidation

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On October 7, T-Rex 2X Long MSTR Daily Target ETF fell 9.08% in pre-market trading, trading at $41.72/share, with Turnover of $28.09 million. The decline was driven by a sharp drop in Bitcoin, which briefly fell below the $84,000 level, triggering concentrated liquidation of leveraged long positions and directly weighing on the leveraged ETF product linked to Strategy. Data showed that Polymarket's probability for Bitcoin to break above $84,000 on October 7 plummeted from 93.05% to 52%, indicating a rapid collapse in short-term bullish confidence. Meanwhile, US crypto-related stocks weakened broadly in overnight trading, with Strategy, Coinbase, and MARA all falling more than 2%, reflecting a notable retreat in market risk appetite.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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