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

ChainCatcher

According to a ChainCatcher report and analysis from 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 short selling volume was three times the buying volume, with North American stock trading volume accounting for 75% of the total trading volume. Previously recorded during the 2008 Lehman crisis, the market had a single-day dumping of 28 billion USD, which is approximately 42 billion USD today after adjusting for inflation. During the COVID-19 impact in 2020, the net sell-off was 52 billion USD in a single week.

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