According to Eric Balchunas, the disparity between 2x long and 2x short ETF assets has reached unprecedented levels. This divergence is attributed to a sustained bull market coupled with the proliferation of 2x products that have intensified market volatility, creating what some are calling a 'Degen's Paradise'. The wide gap highlights potential trading opportunities for those looking to capitalize on market extremes. Source: Eric Balchunas via Twitter.