On August 6, Arthur Hayes, co-founder of BitMEX, said in a post on X that the first wave of financial marekt has passed and is now waiting for the problem of over-leveraged investors in the traditional financial sector to surface.
He predicted a second shock was about to begin and hinted that markets might need to undergo more correction by Friday for a bailout. The current respite is only temporary, and market volatility will continue.
Arthur Hayes: financial marekt may experience a second shock, the problem of excessive leverage is about to emerge
2024-08-06 04:17:59
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