Goldman Sachs stated that hedge funds purchased a record high number of global stocks in May. Previously, the US stock market had experienced net selling for four consecutive months, with the selling volume in March approaching a historical high. Last week, the trading activity of these funds saw the largest increase in two months, as long positions bought more than short positions sold. In addition, data from JPMorgan shows that the four week average net inflow of hedge funds into the US stock market has reached its highest level since October 2024. This is a huge reversal compared to the largest net sell-off since the outbreak of the pandemic in 2020 in April. This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex