Monitoring shows that a giant whale holding a long position of 5 times HYPE is currently facing a floating loss of over $17 million. The HYPE 4-hour candlestick closed below $27 for the first time since May 20th. The liquidation price for this position is $22.24. （Onchain Lens）

[U.S. Spot Bitcoin ETF Had a Net Outflow of $315.69 Million Yesterday] TraderT monitoring data shows that the U.S. spot Bitcoin ETF had a net outflow of $315.69 million yesterday.

[Atlanta Fed Initiates Selection Process for Next President, Current President to Retire at the End of February] Following the announcement that current President Bostic will retire at the end of February, the Atlanta Fed Board of Directors has initiated the process of finding the next president. Regional Fed presidents are selected by Class B and Class C directors (those not affiliated with regulated financial institutions), and the final candidate must be approved by the Federal Reserve Board in Washington. The Atlanta Fed president will serve as a voting member of the Federal Open Market Committee (FOMC) responsible for setting interest rates in 2027.

[Saxo Bank Strategist Says This Week's Employment and Inflation Data May Prompt Rapid Repricing of U.S. Interest Rates] Saxo Bank Chief Investment Strategist Charu Chanana stated that the market views this week as a minor 'reset' for the U.S. macro narrative. Employment and inflation data will be released within a narrow window and could lead to a rapid repricing of interest rates. The Federal Reserve cut rates last week and projected one more rate cut in 2026, but the market expects at least two more rate cuts next year. Chanana noted that if the data is mixed or slightly weaker than expected, the soft-landing narrative will remain intact but will not be sufficient to trigger a large-scale risk-on rally. The real risk lies in a hawkish surprise; if inflation or employment data comes in hotter, it will push yields higher and first impact risk assets such as long-term growth stocks.

The Crypto Fear&Greek Index has dropped from 16 yesterday to 11, with current market sentiment dominated by extreme fear. （Cointelegraph）