10 #Bitcoin ETFs outflows 4,964 $BTC(-$458.3M) and 9 #Ethereum ETFs outflows 4,701 $ETH(-$15.21M) yesterday.

Annex Wealth Management chief economic strategist Brian Jacobsen noted that the U.S. labor market is not as strong as initially thought. July’s jobs data was revised to show negative growth; August saw a solid rebound, but that momentum abruptly halted in September, with only 29,000 jobs added. The employment diffusion index fell back below 50. Fed Chair Waller had previously expressed concern about the breadth of inflation, but now he will have to consider the lack of breadth in the labor market. This data supports a pause in interest rate hikes in October. (Jinshi)

Non-farm payroll data further reinforced the view that momentum in the U.S. labor market is cooling. According to the CME Group’s FedWatch Tool, traders currently assign an 83% probability that the Federal Reserve will hold interest rates steady at its October meeting, up from 72% before the jobs report was released; the probability of a rate hike has fallen from 28% to 17%. Rate hike expectations have also cooled. Current federal funds futures pricing shows the market expects the Fed to deliver a cumulative total of around 22.2 basis points of additional rate hikes by the end of 2026, down from 25.5 basis points before the data release. (Jin10)

Per Lookonchain’s monitoring, trader 0xd9A2 opened a 20x leveraged long position on 2,900 ETH via Aster DEX, with the position valued at roughly $7.97 million. The position’s unrealized profit has now exceeded $1 million, delivering a 251.68% return.

Renowned on-chain detective ZachXBT published a post, questioning whether UPay might allow sanctioned illegal marketplace Xinbi to white-label its Visa crypto cards, and demanding UPay provide an explanation on the matter. ZachXBT stated that Xinbi is primarily involved in activities including pig butchering scams, fraud, money laundering, and human trafficking.

PYTH Network officially stated that the main consumers of next-generation financial data will gradually shift from humans to APIs, algorithms, and AI systems. Market data needs to feature structuredness, standardization, low latency, and accessibility via programmable interfaces. Its business focus not only includes providing real-time market data through APIs, but also covers perpetual indices and data markets, offering directly callable data infrastructure for trading systems, AI applications, financial institutions, and autonomous financial applications. PYTH also emphasized that token economics cannot replace real business; the network should first create tangible value through products such as market data, indices, and data markets, before aligning token economics with network activities and participant incentives. Its long-term goal is to become the market data layer in a software-driven financial system, further expanding asset coverage, institutional datasets, and support for AI and autonomous applications.

Trader 0xd9A2 opened a 20x long on 2,900 $ETH($7.97M) on @Aster_DEX and is now sitting on over $1M in unrealized profit, with a 251.68% return.