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ETH $2,483.46 -0.37%
BNB $752.04 +1.74%
XRP $1.42 +1.65%
SOL $103.05 -0.78%
TRX $0.3382 +1.11%
DOGE $0.0896 -0.68%
ADA $0.2197 -0.17%
BCH $257.42 -1.34%
LINK $12.48 -2.18%
HYPE $84.40 -0.94%
AAVE $128.82 -2.53%
SUI $0.8117 -1.63%
XLM $0.1885 -2.25%
ZEC $1,169.71 +1.39%

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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