[Federal Reserve's Williams: Slowing Employment and Eased Inflation Risks Support Rate Cut Decision]
Federal Reserve's Williams stated that the cooling labor market and eased inflation risks provided the basis for the Fed's rate cut decision last week. Williams is increasingly confident that price increases will continue to slow down. Although inflation remains 'temporarily' above the Fed's target, it may continue to decline as the impact of tariffs is absorbed by the economic system next year. Williams pointed out that while employment conditions have not deteriorated sharply, they are gradually cooling, and these factors supported last week's rate cut decision.
[Federal Reserve Governor Milan: Restarting Treasury Bill Purchases Is Not Quantitative Easing]
Federal Reserve Governor Milan stated that the Fed's restarting of Treasury bill purchases is not quantitative easing, and the Fed will continue to shift some risks to the private market.
According to Onchain Lens monitoring, Bitcoin OG (10/11) further increased its long position by 5 times by holding 10000 ETH. At present, the address holds a total of 190935 ETH (approximately 573.9 million US dollars), 1000 BTC (approximately 87 million US dollars), and 250000 SOL (approximately 32 million US dollars), with a total valuation of 693 million US dollars. The position profit and loss of this OG has shifted from a profit of over $26 million to a loss of over $37.7 million. （Onchain Lens）
As Ethereum dropped below $3,000, 'Machi' once topped up 250,000 USDT tonight to increase the 25x ETH long position, which was liquidated to only 1,360 ETH. Compared to the 4,800 ETH earlier tonight, the long position now holds only 28% of its original size, with the current liquidation price lowered to $2,976.