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ADA $0.2155 +1.00%
BCH $249.12 -0.74%
LINK $11.86 +2.44%
HYPE $85.33 +1.27%
AAVE $129.91 -0.29%
SUI $0.7997 +6.25%
XLM $0.1833 +1.96%
ZEC $1,012.39 +3.45%

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

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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