Garrett Jin closed 276 BTC positions and made a profit of $210000, but the overall position still incurred losses
--
According to Lookonchain monitoring, Garrett Jin closed 276 BTC positions and made a profit of $210000. He still holds 1592 BTC worth $124 million, but is in a loss overall due to paying a funding fee of $1.94 million.
In the past two years, Stripe acquired Bridge for $1 billion, Mastercard acquired BVNK for $1.8 billion, and Circle acquired Tazapay for $400 million, with a total transaction value exceeding $3 billion. By 2025, the adjusted transaction volume of stablecoins will reach $10.9 trillion, close to Visa's $14.2 trillion, and the real-world payment scale will reach $390 billion.
Multiple Wall Street institutions predict that the month on month growth rate of core CPI in the United States will slow down to 0.21% in September. Due to the impact of rising energy prices, the overall CPI month on month growth rate will rise to 0.58%, with a year-on-year growth rate close to 3.7%. The median institutional forecast shows that the overall CPI in the United States rose by 3.64% year-on-year in September, the core CPI rose by 2.40% year-on-year, and the core PCE rose by 0.21% month on month. Deutsche Bank expects core CPI to rise by 0.16% month on month, while Morgan Stanley expects overall CPI to rise by 0.62% month on month.
AI interpretation: The slowing trend of core inflation confirms the structural improvement of price pressure, but the overall inflation rebound driven by energy prices exposes the fragility of the inflation decline process. This differentiation reinforces the necessity for the Federal Reserve to maintain high interest rates to completely eradicate inflationary stickiness. The market's expectations for a short-term shift in monetary policy have been suppressed, and the high interest rate environment will continue for a longer period of time. This data combination forces investors to reassess the complexity of the downward trend in inflation and remain highly vigilant about subsequent tightening policies.
In the past three weeks, investors have withdrawn from US mortgage bond funds, and the scale of fund outflows has become one of the seven most severe since the beginning of 2021. The US mortgage-backed securities index recorded its second worst monthly performance on record in September. US treasury bond bond yields rose to decades' highs, triggering a sell-off in mortgage bonds. Strategist Erica Adelberg stated that the Federal Reserve's tightening of monetary policy and flattening of the yield curve have weakened banks' demand for MBS. As mortgage interest rates rise to their highest level since 2023, it is expected that the supply of MBS will decrease by the end of the year. (Source: Jin Shi)
[Main Password: Multi platform main force is secretly laying out BTC, what is the direction?]
Massive positions emerge across platforms, hinting at probing market sentiment…
CleanSpark has received $2.276 billion in funding for the construction of the Sandersville data center. The project mined 529 bitcoins in September and sold 702 bitcoins, of which 2 were sold through spot trading and 700 were sold through call options, with an average selling price of $72928. The position decreased by 173 to 135300. CleanSpark will release operational data on a quarterly basis, and with the support of Meta leases, the data center is expected to generate $6.6 billion in revenue.