Federal Reserve Chairman Jerome Powell announced this morning (30th) a 25 basis point rate cut and that the reduction of the balance sheet would be halted on December 1st, which means a pause in quantitative tightening (QT). However, his statement at the post-meeting press conference that a further rate cut in December was not a certainty, coupled with his dovish and hawkish stance, caused the market's optimistic attitude to turn into a wait-and-see attitude.
Bitcoin briefly dipped to $109,145 after the news was released, but rebounded before facing a second dip. It is currently trading at $110,511. Ethereum, on the other hand, is holding firm above $3,900.
A 100% win rate whale initiates long BTC positions on dips.
At this juncture, according to the latest post by on-chain data analyst Ai Yi this morning (30) around 9 a.m., the 100% win rate whale that has recently attracted attention has once again opened long positions when BTC is falling:
▶︎ BTC Long Position: Holding 1,030.02 BTC, valued at $113 million, with an opening price of $110,123.
▶︎ Long position in SOL: Holding 560,839.53 SOL, valued at $108 million, with an opening price of $198.43.
▶︎ ETH Long Position: Holding 13,419.12 ETH, valued at $52.45 million, with an opening price of $3889.
Although the company is currently experiencing a paper loss of $2.02 million, the market is watching whether it will seize the opportunity for a rebound this time.
