Hedge funds set their largest one-day selling record since 2010, close to the 2008 Lehman crisis."
According to online reports, according to analysis by The Kobeissi Letter, hedge funds were fleeing on a large scale. On Thursday, hedge funds sold US$40 billion in stocks, setting the largest single-day selling record since 2010. Short trading volume was three times that of long trading on Thursday, with North American stocks accounting for 75% of total trading volume. Previously, the market sold US$28 billion in a single day during the Lehman crisis in 2008, which was approximately US$42 billion today after inflation adjustment. In 2020, the net sales in a single week during the COVID-19 shock was US$52 billion.
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