The CME Group's decision to increase silver margins on December 29 led to $675 million in forced deleveraging, according to on-chain data. This move caused silver prices to drop by 11% intraday on the COMEX. Despite rumors circulating on social media, no bank collapse has been confirmed, and major exchanges have not reported any liquidation events.
A viral post falsely claimed a U.S. bank failure was linked to the margin hike, but no regulatory bodies have verified such an event. The confusion may have arisen from misunderstandings related to Federal Reserve repo operations and historical incidents in metals trading.
CME Silver Margin Hike Triggers $675M Deleveraging, No Bank Collapse
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