Hedge Funds Own 7% of Treasurys: What Happens If Basis Trades Unwind?

Crypto Insight Summary: Hedge funds held a record 7% of Treasurys at end-2025. Experts warn leveraged basis trades could force fast selling. Crypto Insight Analysis: Direction: Bearish BTC / Bearish ETH Impact: Major Impact Horizon: Short-term (1-3 days) Reasoning: Hedge fund deleveraging could trigger risk-off sentiment, leading to crypto sell-offs.