This Thursday, the single-day sell-off scale of hedge funds reached a nearly 15-year high, approaching the 2008 Lehman crisis

ChainCatcher news, according to analysis by The Kobeissi Letter, hedge funds sold off stocks worth $40 billion in a single day on Thursday, marking the largest single-day sell-off since 2010. Data shows that the volume of short selling on that day was three times the volume of buying, with North American stock trading accounting for 75% of the total trading volume.

The previous record was during the 2008 Lehman crisis when the market saw a single-day sell-off of $28 billion, which, adjusted for inflation, is approximately $42 billion today. During the COVID-19 shock in 2020, there was a net sell-off of $52 billion in a single week.