Tom Lee: Crypto Treasury Bubble May Have Burst
On October 16th, as per the report in Fortune, Digital Asset Treasury (DAT) has emerged as one of the most notable aspects of the current crypto bull market. The term "DAT" refers to enterprises that hold specific cryptocurrencies (ranging from Bitcoin to Dogecoin) and aim to operate a public trading tool to provide investors with stock-like access to the sale of these assets. Nevertheless, with the number of such projects increasing rapidly, critics have cautioned that digital asset treasuries may become the latest bubble in this volatile industry. Tom Lee, the Chairman of Ethereum's first treasury institution BitMine, has indicated that this bubble may have already popped.
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Yesterday's whale that opened a "$140 Million Short" position, the whale's long positions for ETH and BTC now exceed $100 Million
October 16: As per on-chain analyst Ai Auntie (@ai_9684xtpa), the whale address that initiated a $140 million short position on BTC yesterday (which previously closed a short position and went long) now holds long positions in both ETH and BTC, with a total value exceeding $100 million ($114 million). Specifically, the long position in ETH is $71.83 million, the long position in BTC is $43.03 million, and the total unrealized loss is $400,000.
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Federal Reserve's Waller: Government Shutdown Makes Future Policy Path Even More Uncertain
October 16: On this October 16th, as reported by Golden Ten Data, Federal Reserve Governor Waller expressed that he is in favor of further rate cuts later this month. Nevertheless, due to the government still being in a shutdown state and the absence of official economic data, there is still considerable uncertainty regarding the subsequent policy path. Waller mentioned that the economic outlook still presents conflicting signals. On the one hand, economic growth seems to remain strong; on the other hand, the labor market is noticeably tightening for workers.
Waller pointed out that "given our uncertainty about how the data will develop, the Fed needs to move forward cautiously in adjusting policy rates in order to avoid making costly mistakes that are difficult to correct." He also noted that the timing of rate cuts and the policy decisions after October are still filled with uncertainties. "The policy path after October will depend on how the conflicting signals between economic act
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Whale Alert: 10,301,346 USDT Held by a Certain Address Frozen
On October 16th, as monitored by Whale Alert, it was observed that an address was in possession of 10,301,346 USDT (approximately $10,312,162), and this address has been frozen.
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Analyst: Gold Price Depends on Rate Cut Outlook and Trade Situation
On October 16th: The international spot gold price reached a new record high for the fourth consecutive trading day on Thursday. This was driven by the escalating trade tensions and the U.S. government shutdown. As a result, investors flocked to this safe-haven asset. At the same time, market expectations of interest rate cuts further boosted the rally. During the trading session, the spot gold price briefly touched a record high of $4256.21. OANDA analyst Zain Vawda stated: "The trajectory of gold will depend on the outlook for interest rate cuts in 2026 and the development of the trade situation. The latter may potentially serve as a catalyst for gold to break through $5000 per ounce." Vawda pointed out that a short-term pullback in gold may be temporary. Bullish investors often use pullbacks as an opportunity to re-enter the market. (Oriental Wealth)
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Yesterday, the whale that opened a $140 million short position increased their long position on BTC. The position size is currently at $34.75 million.
On October 16th, according to on-chain analyst Ai Auntie (@ai_9684xtpa), yesterday, the whale address that opened a short position of $140 million in BTC (which previously closed the short position and opened a long position) once again increased its long position in BTC. The current position is as follows:
· BTC with 5x leverage long position: Holding $34.75 million (312.81 BTC), with an entry price of $111,054.0;
· ETH with 3x leverage long position: Holding $49.18 million (12,144.29 ETH), with an entry price of $4,050.
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