Kraken's EEA Unified Wallet exposes spot and Earn balances to futures losses after opt-in

Kraken's Unified Wallet for European Economic Area clients pools eligible spot, margin, Earn and futures balances by default after users manually opt in. The default cross-margin mode allows losing futures positions to draw on the entire eligible balance, including spot holdings and qualifying Earn balances, exposing them to potential losses. USDT and DAI receive zero collateral value under EEA rules, and switching back to separate wallets requires closing all derivatives positions and active orders.