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← @punterjeff

$SATA

BULLISH2026-06-18
Price around the call
↑ 2026-06-18
By horizon✓ hit+1.4%
1d
✗ -1.5%
5d
✗ -5.1%
21d
✓ +1.4%
Original post
Jeff Walton · 2026-06-18

No way around it, today was challenging for those holding Digital Credit, and it was thoroughly tested. In the spirit of continuous learning, I do want to share what the data showed underneath the volatility, because it's particularly interesting and worth digesting. I truly believe we are building and witnessing the emergence of an entirely new asset class, and the growing pains associated with it. Here's the data that stood out to me: 1. SATA Volume / Volatility & Relativity: $SATA traded $153 Million in volume, representing the SECOND largest trading volume in the securities history (behind May 29th $162M). $153M of volume represents roughly 20% of the entire $SATA supply. Despite trading to an intraday low of $92.88, $SATA recovered to and closed at $97.71, which is within 1

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