「1011 Insider Whale」 Once Again Increases Short Position by 100 BTC, Position Size Reaches $121 Million

On October 21st, spot gold briefly surged to above $4380 per ounce, reaching a new all-time high, with a daily increase of approximately $130.

On Monday, October 21st, U.S. stocks closed. The Dow rose by 1.1% preliminarily. The S&P 500 rose by 1.07%, and the Nasdaq rose by 1.37%. Apple (AAPL.O) increased by 4%, with its market value approaching $4 trillion. (Golden Finance)

Update as of October 21st. Based on HTX market data, Bitcoin fell below $110,000 and is now trading at $109,872, with the 24-hour gain narrowing to 0.68%.

On October 21st, as per the monitoring of LookOnChain, a whale/institutional address this evening transferred a total of 610 million USDC to Aave through 3 addresses. It then borrowed 66,000 ETH (approximately $265 million) and deposited it into Binance.

On October 21st, based on market data, the US stock market continued to rise. The Dow increased by 1%, the S&P 500 rose by 1.09%, and the Nasdaq went up by 1.47%. (FX168)

On October 21st, Bank of America declared that the risk of the Fed's balance sheet reduction in October has grown. The economists at Wrightson ICAP pointed out signs of funding stress in the repurchase market, which may lead the Fed to announce at next week's rate decision that it will no longer continue to reduce its bond holdings. Fed Chair Powell hinted earlier this month that he is awaiting the appropriate time to end the balance sheet reduction, and last week's slight turmoil in the repurchase market may be a crucial signal. The institution also anticipates that the Fed will start purchasing Treasury bonds to offset the maturing mortgage-backed securities, thereby maintaining the overall balance sheet size. In summary, as the Fed transitions to a neutral policy stance, the market's monthly supply of short-term government bonds may decrease by approximately $20 billion. (FXStreet)