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ETH $2,495.60 +0.19%
BNB $752.05 +1.72%
XRP $1.42 +1.56%
SOL $103.69 -0.03%
TRX $0.3389 +1.13%
DOGE $0.0901 -0.55%
ADA $0.2175 -0.98%
BCH $258.23 -0.61%
LINK $12.47 -1.70%
HYPE $85.88 +1.58%
AAVE $129.09 -1.80%
SUI $0.8124 -1.83%
XLM $0.1880 -1.50%
ZEC $1,183.08 +4.52%

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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