Since the market crash on October 10th, Circle and Tether have issued a total of $16 billion in USDC and USDT, of which $500 million in USDC was issued today. （Cointelegraph）

[Multicoin Capital Acquires 278,000 AAVE in One and a Half Months, with an Unrealized Loss of $13.9 Million] On-chain data shows that Multicoin Capital purchased 61,637 AAVE today through Galaxy Digital, valued at $10.94 million, with a unit price of $177. Over the past one and a half months, Multicoin Capital has accumulated a total purchase of 278,000 AAVE, with a total value of $49.52 million and an average cost of $228. Currently, they are facing an unrealized loss of $13.9 million. After AAVE's sharp drop on October 11, Multicoin Capital purchased 210,000 AAVE at a unit price of $244, valued at $51.32 million.

Monitoring shows that the address 0x755b810c59a1b7cd16f63a109afdd0043dc00e0 spent $1.35 million to purchase 37 million MONs at a price of $0.036 per unit. The funds have completed the transaction at present. （Onchain Lens）

[Whale Spends 1.35 Million USDC to Acquire 37 Million MON] According to Onchain Lens monitoring, approximately 5 hours ago, a whale spent 1.35 million USDC at a unit price of $0.036 to purchase 37 million MON.

[CITIC Securities: Uncertainty Remains Over Whether the Fed Will Cut Rates in December] CITIC Securities' research report pointed out that the U.S. September non-farm payroll data showed mixed results, leaving uncertainty over whether the Federal Reserve will cut rates in December. Non-farm payrolls increased by 119,000 in September, exceeding the expected 51,000, but the combined data for July and August was revised downward by 33,000. The unemployment rate and the number of permanently unemployed individuals rose. The October non-farm data faces the issue of permanent vacancies, and it is expected that the U.S. labor market will remain under pressure. The Federal Reserve may still have room for rate cuts next year.