If Ethereum breaks above $3900, the cumulative short liquidation pressure on major CEXs will reach $1.562 billion.

According to Lookonchain’s monitoring, last week’s total stablecoin market capitalization decreased by $856 million, decentralized exchange (DEX) spot trading volume fell 19.34% week-over-week, while perpetual contract trading volume rebounded 8.20%. In the same period, protocol revenue rose 4.44% week-over-week, with Base App’s weekly revenue surging 519%. For listed companies’ BTC holdings, one firm added to its BTC reserves last week, while three others reduced theirs, leading to a net reduction of 89 BTC, valued at roughly $7.37 million. In terms of institutional and whale activity, Strategy acquired 250 BTC last week, worth approximately $20.69 million; Bitmine purchased 12,532 ETH, valued at around $31.75 million.

Multiple Wall Street firms forecast that the month-on-month growth rate of the U.S. core CPI in September will slow from 0.29% in August to 0.21%, while the month-on-month growth rate of headline CPI is expected to rise to 0.58% driven by higher energy prices, with the year-on-year growth rate likely approaching 3.7%. The median forecast among the institutions shows that U.S. headline CPI rose 0.58% month-on-month and 3.64% year-on-year in September, while core CPI rose 0.21% month-on-month and 2.40% year-on-year. Additionally, the median forecast for core PCE’s month-on-month growth rate is 0.21%. Specifically, Deutsche Bank forecasts core CPI to rise 0.16% month-on-month, the lowest among surveyed institutions, while Morgan Stanley projects headline CPI to rise 0.62% month-on-month, the highest forecast. Overall, the market expects core inflationary pressures to ease, but rising energy prices may keep headline inflation trending higher.

Oct 5–Oct 11, 2026 #LookonchainWeeklyReport ?? Overview Stablecoin supply fell by $855.94M last week, DEX spot volume fell and perp volume rebounded, while public companies shed 89 BTC. ?? Stablecoin Market The total stablecoin market cap decreased by $855.94M. ?? Spot & Perps

According to market data from BIT (Bit.com), Evernorth Holdings (XRPN), a firm focused on XRP treasury, officially listed on the Nasdaq today. On its first trading day, its stock price surged as much as 13.43% before paring back gains, and is now up 1.49%. The company holds an estimated 473 million XRP, worth approximately $657 million at current prices, and claims it will become the world’s largest publicly traded XRP treasury company. On the same day, Evernorth announced the appointment of Hugo Jeandesboz, former co-chief investment officer of Coinbase Asset Management, as its chief investment officer, responsible for treasury strategy, liquidity management, and active management of its XRP holdings. Evernorth also plans to generate additional returns from its XRP holdings via decentralized finance (DeFi) yield strategies. XRP is currently trading at around $1.371, with a 24-hour trading volume of approximately $1.48 billion and a market capitalization of about $87.3 billion, ranking fifth among cryptocurrencies by market cap.

Apple will hold a special "Welcome home" event on October 13 ET, with market expectations of new products including a smart home hub, the updated HomePod mini, and Apple TV. The AI-powered Siri is expected to be the core of its new smart home ecosystem push. A key focus of the upcoming new products is whether Apple can extend its AI capabilities from iPhones to home scenarios, driving the commercialization of its smart home devices and service ecosystem. Coupled with the positive cooperation signals from Tim Cook's visit to China, Apple's business stability in China and progress on its AI new products have become the market's focus. As of press time, AAPL stock was up approximately 1.3% in U.S. trading. According to TradingBeats monitoring, the AAPL perpetual contract on Hyperliquid is currently quoted at around $337.25, with a 24-hour trading volume of about $3.8 million and an open interest nominal value of roughly $33.9 million.

Over the past three weeks, investors have pulled capital from US mortgage-backed bond funds at an historically unprecedented pace, with outflows ranking among the seven largest since early 2021. Driven by surging interest rates, investors are rushing to hedge against market volatility. The US Mortgage-Backed Securities (MBS) index posted its second-worst monthly performance on record in September. Earlier, US Treasury yields rose to multi-decade highs amid surging oil prices, intensifying inflation concerns, and market expectations of Federal Reserve rate hikes, triggering sell-offs in mortgage bonds. Mortgage-backed securities (MBS) are highly sensitive to sudden fluctuations in bond yields, as yields serve as the pricing benchmark for borrowing costs across the entire economy. When rates rise, homeowners typically refinance their mortgages less, leaving investors holding lower-yielding securities for longer than anticipated. Strategist Erica Adelberg noted: "The Federal Reserve’s tightening monetary policy and flattening yield curve may weaken demand from banks, a key buyer of MBS. On the positive side, as mortgage rates hit their highest level since 2023, refinancing and homebuying demand are being suppressed, which could slow growth in home prices and loan volumes. As a result, MBS supply is expected to decline by year-end." (Jin10)