A Whale Bets on Ethereum's OG DeFi Token, Adds to ETH, LINK, AAVE, UNI Position

The highlight of next week’s economic data will be Friday’s U.S. non-farm payrolls (NFP) report. The report includes three core metrics: non-farm payrolls, unemployment rate, and average hourly earnings, which are directly linked to the Federal Reserve’s interest rate path and carry significant weight ahead of the October policy meeting. Below are the key market-focused events for the coming week (all times Beijing): Wednesday 20:15: U.S. September ADP employment change; Wednesday 20:30: U.S. August core PCE price index year-over-year; Thursday 16:00: Bank of England Governor Andrew Bailey delivers a speech; Thursday 20:30: U.S. initial jobless claims for the week ending September 26; Thursday 21:30: European Central Bank (ECB) President Christine Lagarde gives a speech; Friday 20:30: U.S. September seasonally adjusted non-farm payrolls and unemployment rate. Starting from Wednesday’s early morning, Federal Reserve officials will hold a flurry of public events. 2027 FOMC voter and Chicago Fed President Austan Goolsbee, and 2028 FOMC voter and St. Louis Fed President Alberto Musalem will deliver speeches in succession; FOMC permanent voter and New York Fed President John Williams will give a keynote speech at the University at Buffalo. On Thursday, Fed Governor Lisa Cook, Minneapolis Fed President Neel Kashkari, and Richmond Fed President Thomas Barkin will speak one after another; on Friday, Williams and Dallas Fed President Lorie Logan will also hold public events. In U.S. equities: Micron Technology (MU.O) will release its earnings report after Wednesday’s market close; on Thursday, Nike (NKE.N) will announce its latest quarterly results, with the two companies tracking themes of memory chips and consumer demand respectively.

According to data from Token Terminal, tokenized stocks recorded $20.9 billion in trading volume on decentralized exchanges (DEXs) over the past 30 days. Uniswap V4 led the market with a 40.7% share, followed by V3 with 19.4%. The two platforms combined hold a 60.1% market share, corresponding to roughly $12.6 billion in trading volume.

According to on-chain analyst Ai Yi (@ai_9684xtpa), a whale has accumulated a total of 9,158.25 ETH (valued at approximately $24.34 million) over the past three weeks, with an average entry price of $2,658.12. The whale appears to add to its position every time ETH’s price drops, and has an unrealized profit of $363,000 so far.

According to YuE Monitoring, a whale went long on 550,000 SOL at an average price of $80.8 in the early stage of this round’s market rebound and has held the position ever since, currently sitting on an unrealized profit of $22.43 million.

According to an official announcement, Quant has announced it will provide technical support for The Clearing House’s "On-Chain Currency Initiative" to build an interoperable payment network for financial institutions. Quant will oversee the network’s interoperability, orchestration, and transaction management layers, and integrate existing fiat payment systems including RTP and CHIPS, enabling financial institutions to access clearing and settlement capabilities for tokenized deposit transactions. The initiative aims to meet the growing demand from enterprises and financial institutions for faster, more automated, and flexible fund flow methods, enabling instant payment settlement and supporting auto-triggered transactions when pre-set conditions are met, thereby reducing manual operations and processing delays. Tokenized deposits are the digital form of traditional bank deposits, retaining the regulatory and protection mechanisms of conventional deposits while being recorded and transferred on-chain. The network will be applied to use cases including corporate treasury management, liquidity management, cross-border payments, and digital asset settlement, and is expected to open to participating institutions in the first half of 2027. The Clearing House stated that its U.S. payment network processes over $2 trillion in daily clearing and settlement volume, and this partnership will provide infrastructure support for financial institutions of all sizes to participate in the tokenized deposit network.

According to HTX market data, supported by Bitcoin’s minor strength, altcoins are extending their rally. Key performance metrics for select altcoins are as follows: QNT trades at $176.33, marking a 77.7% 24-hour gain; RUNE is priced at $0.819, with a 23.8% 24-hour increase; KMNO stands at $0.04773, up 14.3% in 24 hours; COW is at $0.1733, rising 14.27% over the past 24 hours; DASH is valued at $71.25, with a 13.62% 24-hour gain; PYTH trades at $0.08347, up 12.26% in the last 24 hours.