According to ChainCatcher, based on The Kobeissi Letter's analysis, hedge funds sold stocks worth $40 billion in a single day on Thursday, marking the largest single-day sell-off since 2010. Data shows that short-selling volume was 3 times the buying volume, with North American stock transactions accounting for 75% of the total trading volume.
Previously, during the 2008 Lehman crisis, the market sold off $28 billion in a single day, which is approximately $42 billion when adjusted for inflation, and during the COVID-19 impact in 2020, net sales reached $52 billion in a single week.