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TechFlow news — Arthur Hayes, co-founder of BitMEX, shared his views on the recent abnormal fluctuations in the Japanese yen. He predicted that this volatility could severely impact certain traditional financial institutions. Hayes further speculated that central banks might intervene by socializing losses in some form to stabilize the market, potentially giving affected institutions a chance at "resurrection."
Arthur Hayes, co-founder of BitMEX, commented on the recent unusual volatility in the yen. He predicted that this sharp fluctuation could severely impact some traditional financial institutions. Hayes further speculated that central banks might intervene by socializing losses in some form to stabilize the market, potentially giving affected institutions a "second chance."
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