A whale bought 5214 ETH in the past hour
According to the residual monitoring, a giant whale spent 18.49 million USDT in the past hour to buy 5214 ETH on-chain, of which 10 million USDT was borrowed from Aave. He has spent a total of 20.58 million U in the last 24 hours to buy 5822.6 ETH at an average price of $3535 each. In addition, after Curve's founder CRV loan position was liquidated on June 13th, he bought another four million three hundred forty thousand CRV at a price of $0.287 per coin and is currently making a floating profit of $280,000.
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Is a September rate hike necessarily bearish? Analysis: The initial hike resulted in limited declines for U.S. stocks, and returns a year later outperformed the norm.
According to MarketWatch analysis, historically, the Federal Reserve's first interest rate hike has typically caused only a short-term disturbance to U.S. stocks, with the S&P 500 delivering positive average returns over the following three and twelve months, and the twelve-month return exceeding the long-term average. Therefore, concerns about a possible rate hike in September may be overestimated; the stock market's true performance depends on economic and earnings outcomes rather than the direction of interest rates themselves.
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