News

According to ChainCatcher, as monitored by HyperInsight, in the past 2 hours, the address starting with 0x880a has continued to increase its main short position in HYPE, while also increasing its long position in HYPE subsidiary positions within the same trading range. Additionally, monitoring shows that in the past 3 hours, this address has opened base short positions in MNT, WLD, PENGU, and ENA, and has been rolling up its positions. As of 12:00 today (UTC+8), it is still actively increasing its positions. At the same time, the total holdings of this address are approximately $148 million, with a total unrealized loss of about $11.4 million, and a win rate of 83% in the past week. The trader behind this address tends to operate in a swing trading style, with quick entries and exits, high frequency, and a high win rate (70%). Trading activity has been frequent in recent weeks.

Jinse Finance reported, citing the Financial Times, that according to several informed sources, U.S. Treasury Secretary Bessent has concluded interviews with the long list of 11 candidates for Federal Reserve Chair as of Tuesday. Trump is seeking to replace the current Chair, Powell. It is reported that during the two-hour-long interviews, the candidates were personally "grilled" by Bessent, Treasury official Hunter McMaster, and advisor Francis Browne. Some of those interviewed stated that Bessent asked for their views on opinions he recently expressed in an article. The article called for comprehensive reform of the Federal Reserve and criticized its quantitative easing program as a "gain-of-function monetary policy experiment." According to one insider, BlackRock Global Fixed Income CIO Rick Rieder performed "very well." Bessent has remained tight-lipped throughout the process, stating in a recent interview with Fox Business Channel that he hopes to find someone who is "open-minded" and "forward-looking." (Golden Ten Data)