A whale deposited 3.72 million USDC into Hyperliquid and went long on BTC and ETH with 15x leverage.

On October 27th, as reported by Bloomberg, Trump has refined the candidates for the Fed Chair to five people. Treasury Secretary Steven Mnuchin verified the five finalists to succeed the current Fed Chair Jerome Powell: Christopher Waller, Michelle Bowman, Kevin Warsh, Kevin Hassett, and Rick Rieder. Mnuchin will carry out a new round of interviews and intends to submit the final list to President Trump after Thanksgiving. It is expected that a decision will be reached by the end of the year.

On Monday, October 27th, the Federal Reserve Bank of Chicago released an estimate. It shows that the U.S. unemployment rate has remained relatively stable in the past two months. The government shutdown has led to a delay in the release of official data. The real-time unemployment rate forecast from the regional Fed indicates that the October unemployment rate is 4.35%, compared to 4.34% in September. The latest official data released by the U.S. Bureau of Labor Statistics in early September showed that the August unemployment rate was 4.3%. The Chicago Fed stated that its estimate may only partly reflect the furlough of federal employees due to the government shutdown. Its methodology combines data from official sources and channels in the private sector, such as job websites, surveys, and payroll companies. (FXStreet)

On October 27th, based on market data, the spot gold price fell by more than $100 during the day and dropped below $4010 per ounce, representing a 2.55% decrease. (Jin10)

On October 27th, based on market data, the three major U.S. stock indexes opened higher. The Dow increased by 0.6%, the S&P 500 rose by 0.9%, and the Nasdaq went up by 1.4%. Cryptocurrency stocks witnessed a general rise, including: Coinbase (COIN) rose by 0.97%. Circle (CRCL) rose by 0.2%. MicroStrategy (MSTR) rose by 2.81%. Bullish (BLSH) rose by 3.95%. Bitmine (BMNR) rose by 5.65%. SharpLink Gaming (SBET) rose by 5.17%. BTCS (BTCS) rose by 3.44%. BNB Network Company (BNC) rose by 0.26%. ALT5 Sigma (ALTS) rose by 1.61%. American Bitcoin (ABTC) rose by 7.65%. New SOL Treasury Stock Helius (HSDT) rose by 4.03%. BTC Treasury Stock Kindly MD (NAKA) rose by 4.86%. New Stock Figure (FIGR) rose by 3.93%.

On October 27th, as per Coindesk, the U.S.-listed health tech company Prenetics (PRE) successfully completed a $46.8 million oversubscribed equity financing round. This financing will be utilized to expand its health brand IM8 globally and expedite its Bitcoin treasury strategy. If all warrants are exercised, the total funding amount may reach $212 million. The investors include Kraken, Exodus, and others. The company intends to purchase 1 Bitcoin daily with the aim of achieving $1 billion in revenue and holding a certain amount of Bitcoin within five years. The IM8 brand achieved an annual recurring revenue of $100 million in just 11 months.