Arthur Hayes: The Plunge May Stem from Traders Hedging IBIT Positions, Will Identify Potential Points Triggering Sharp Volatility

Odaily News Arthur Hayes posted on X, stating: "The BTC plunge may stem from traders hedging IBIT structured products. I will compile a complete list of all notes issued by banks to more clearly identify potential trigger points that could cause sharp price fluctuations. Since the rules of the game have changed, we must also adapt accordingly."