A whale short ZEC incurred a loss of $890000, and its $10.11 million position was liquidated

[Jeremy Allaire: Arc Launch Drives Growth in cirBTC Demand, x402 Facilitator Service Goes Live Simultaneously] Circle co-founder and CEO Jeremy Allaire stated that with the launch of Arc, demand for cirBTC has increased. Circle Mint customers can natively mint and redeem cirBTC within the app, while the Circle x402 Facilitator service has also gone live on Arc, supporting related processing services on Base and Polygon PoS.

Arthur Hayes said on the X platform that interest rate hikes have a stimulating effect when the government debt level is high, and the increase of bank reserve income and short-term treasury bond bond income will promote the consumption of financial assets. Although the Federal Reserve stopped RMP purchases in mid August, the total assets of the Federal Reserve and banks continue to grow and create money, taking into account the expansion of bank balance sheets. As the quantity of currency increases, the prices of financial assets will continue to rise.

A certain address withdrew 4827 ETH worth $11.52 million from Coinbase at 9:35 am today (UTC+8), with an ETH price of $2416.14 at the time of withdrawal. Subsequently, ETH fell to a low of $2358.88, and the position suffered a loss of $276000 at one point. Now, with the rebound of the coin price, it has returned to the water level.

SYN's trading volume has increased to three times the average level of the past seven days in the past 24 hours, with a cumulative price increase of 102.3%. It is now reported at $0.1623 and currently ranks seventh on the AiCoin hot search list. The significant amplification of transactions accompanied by price strength usually reflects an increase in capital participation and the dominance of long positions. At the current stage, the flow of funds, transaction structure, and the movement of large amounts of funds deserve special attention. By using AiCoin PRO's "Main Large Orders" and "Main Transactions", one can further observe the buying and selling situation of large funds, the price range of transactions, and the sustainability of funds. The above content is for reference only and should not be used as any investment advice

Nick Timiraos stated that over half of the 17 decision-makers believe that in order to reduce inflation to 2%, interest rates need to be maintained at 3.6% or higher.