🚨BREAKING:🚨

US margin debt dropped -$32 billion in March, to $1.22 trillion, the lowest since November 2025.

This marks the 2nd consecutive monthly decline, totaling -$59 billion.

However, margin debt is up +$341 billion YoY, or +39%, a rate of growth last seen during the 2021 meme stock frenzy.

Since the 2022 bear market low, margin debt has surged +$570 billion, or +87%.

Over the same period, the S&P 500 has risen +97%.

The market is now highly reliant on leverage.

$OPG $CHIP $SPK

#SP500

#KelpDAOExploitFreeze #JointEscapeHatchforAaveETHLenders #MarketRebound