Replication Materials for "When Focal Numbers Mean Different Things: Leverage Choice under Cross and Isolated Margin"

This record contains de-identified replication materials for the study“When Focal Numbers Mean Different Things: Leverage Choice under Crossand Isolated Margin.” The package includes analysis code, aggregate and table-ready results,data dictionaries, access instructions for the public requester-paysHyperliquid archives, exact-position matching diagnostics, adjustedpredictive probability contrasts, covariance-aware focal-versus-capWald tests, auto-deleveraging competing-risk sensitivity analyses,mixed-margin wallet diagnostics, and blind external-event screeningresults for November 2025 and February–July 2026. Raw wallet addresses, wallet-level analysis samples, and raw sourcefiles are not included. Source data can be reconstructed from thepublic archives using the access instructions and scripts supplied inthe package.