TechFlow news: Arthur Hayes, co-founder of BitMEX, posted a tweet warning that financial markets may face greater turmoil ahead.
Hayes stated that the first wave of shocks has passed, and now we await the emergence of issues stemming from excessive leverage among traditional finance investors. He anticipates the second wave of impact is about to begin, suggesting that any market rescue efforts may require further adjustments before this Friday. Hayes cautioned that the current respite is only temporary, and market volatility will persist.
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