Fed's Collins: Still Sees Reasons to Be Cautious About December Rate Cut

On November 22nd, according to the monitoring of HyperInsight (accessible at https://t.me/HyperInsight), the largest long position in ZEC on Hyperliquid is currently held with a 5x leverage. It is holding a long position of $19.35 million in ZEC. Currently, there is an unrealized gain of $3.5 million, and the average entry price is $419.23 per coin.

On November 22nd, as per the monitoring of LookOnChain, Forward Industries, the largest treasury company of SOL, has just transferred 1,727,000 SOL (approximately $219.32 million) to the 552ptg genesis address. This institution had previously purchased a total of 6,834,506 SOL ($868 million) with an average cost of $232.08. Currently, it is holding an unrealized loss of $718 million (-45%).

November 22nd. During this week, risk assets faced an extremely tough period, with the US stock market under great pressure. Interestingly, although NVIDIA announced strong earnings and its CEO made optimistic remarks, this was unable to bring about a turnaround in the negative trend. The situation in the cryptocurrency market was even worse. This week, Bitcoin dropped by 18%, marking its most significant weekly decline since mid-November 2022. Here are the key points that the market will focus on in the upcoming week (all times in Beijing time): Tuesday 21:30, US September Retail Sales MoM, US September PPI; Wednesday 9:00, Reserve Bank of New Zealand Interest Rate Decision; Wednesday 21:30, US Initial Jobless Claims for the week ending November 22nd; Thursday 03:00, Fed Beige Book; Thursday TBD, Bank of Korea Interest Rate Decision; Friday, New York Fed's current president Williams will give a speech. Jefferson's views hold potential information as his opinions usually closely

On November 22nd, the Chinese crypto analyst Banmuxia stated in a post that "The probability that $80,500 (the price on the Coinbase platform) will serve as the recent bottom of Bitcoin has increased significantly."

November 22: Federal Reserve's Collins mentioned that a decision regarding the December FOMC meeting has not been reached yet. The September job data was a mixture, with the addition of new jobs surpassing expectations. It is appropriate to end the Fed's balance sheet reduction. The Fed's policy is "slightly tight," which aligns with the current economic situation. This current period is complex for the Fed, and the existence of different policy views is not unexpected. (Oriental Fortune Network)

On November 22nd, as per ChainInfo, given the recent significant correction of Bitcoin, a whale that had borrowed to purchase 700 WBTC through a flash loan four months ago found its position approaching liquidation. Today, it was compelled to liquidate its position, incurring a loss of up to $21.68 million.