[Hedge Fund Liquidations Hit Record High Since 2009; Market May Still Face Downward Pressure] Odaily Planet Daily reports that financial reporter Charles Gasparino, writing on the X platform, stated that the recent sharp sell-off in tech stocks has sparked speculation that one or more hedge funds are in trouble. Gasparino cited an anonymous financial services company CEO as saying that the number of hedge fund liquidations has reached its highest level since 2009. This person believes that this market cleansing is necessary, and the market is preparing to bottom out, but may still face further downward pressure before that.