The Reddit army has destroyed $3.7tn in global mkt cap this week, equal to the GDP of Germany, as the Hedge Fund short squeeze creates contagion. Hedge Fund had to sell their long positions to fund their losses from short activities.
The Reddit army has destroyed $3.7tn in global mkt cap this week, equal to the GDP of Germany, as the Hedge Fund short squeeze creates contagion. Hedge Fund had to sell their long positions to fund their losses from short activities.
