According to Gate.io News bot, The Kobeissi Letter reported that on Thursday, hedge funds dumped $40 billion worth of stocks, the largest single-day sell-off since 2010. Data shows that short positions reached three times the volume of long positions, with North American stocks accounting for 75% of the total trading volume.
On the same day, retail investors took the opposite action, buying $4.7 billion in stocks, reaching the largest single-day purchase scale since 2015. However, during the period from 9:30 to 12:00 on Friday morning, retail investors turned to sell $1.5 billion, setting a record for the largest sell order within 2.5 hours.
Source: Wu Shuo
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Hedge funds record selling of $40 billion in stocks, retail investors significant fluctuation
According to Gate.io News bot, The Kobeissi Letter reported that on Thursday, hedge funds dumped $40 billion worth of stocks, the largest single-day sell-off since 2010. Data shows that short positions reached three times the volume of long positions, with North American stocks accounting for 75% of the total trading volume.
On the same day, retail investors took the opposite action, buying $4.7 billion in stocks, reaching the largest single-day purchase scale since 2015. However, during the period from 9:30 to 12:00 on Friday morning, retail investors turned to sell $1.5 billion, setting a record for the largest sell order within 2.5 hours.
Source: Wu Shuo