Tradr 2X Long WULF Daily ETF is trading 4.6% down today, extending last week’s sharp slide as its 2x structure magnifies swings in the underlying TeraWulf (WULF) stock.
- Leveraged rebalancing after several highly volatile sessions in TeraWulf is likely intensifying intraday downside pressure.
- The move appears tied to stock-specific and technical factors in WULF, as broader U.S. indices remain nearly flat.
- Cooling speculative risk appetite is contributing to the continued weakness in the leveraged instrument.