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ADA $0.1659 +2.20%
BCH $219.93 -1.08%
LINK $8.24 -1.71%
HYPE $60.04 -3.65%
AAVE $90.48 -1.97%
SUI $0.7383 -1.18%
XLM $0.1867 -1.77%
ZEC $546.79 +0.56%

BitMEX Co-founder: The second shock to the financial markets may begin, and the issue of excessive leverage is about to emerge

2024-08-06 12:16:24
Collection

ChainCatcher news, BitMEX co-founder Arthur Hayes posted on X that the first wave of shocks in the financial markets has passed, and now we are waiting for the issues of over-leveraged investors in the traditional financial sector to emerge.

He anticipates that the second wave of shocks is about to begin and hinted that if a market rescue is to occur, the market may need to undergo more adjustments before this Friday. The current respite is only temporary, and market volatility will continue.

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