XCX (XelebProtocol) 24-hour amplitude 108.5%: BinanceAlpha tops the gainers list, coordinated with whale inflows for price pumping

After the release of Thursday's U.S. PCE data, the 30-year U.S. Treasury yield remained near a 19-year high of around 5.20%; the yields on 2-year to 5-year Treasuries fell by about 5 basis points, hitting the week's lows. The spread between 5-year and 30-year Treasuries widened to 84 basis points, reaching its highest level since May. Analysts pointed out that the decision by Walsh to hold steady this time has raised doubts in the market about his determination to fight inflation.

Situational Awareness, a hedge fund managed by Aschenbrenner, who became famous for aggressive AI investments, achieved a 439% return in the first half of this year, with assets under management once reaching $20 billion. According to reports, due to heavy losses from AI investments, the fund urgently initiated negotiations with several large institutions this Wednesday, hoping to sell some assets or raise new funds. Major multi-strategy funds such as Millennium participated in the bidding, and a deal was reached with Citadel within 24 hours.

The Japanese yen saw its largest intraday gain against the US dollar in two and a half years. From late April to late May this year, Japan conducted a record-sized intervention totaling approximately $73.2 billion, but the depreciation pressure on the yen has not been fundamentally eased. Market attention is now focused on whether officials confirm this latest intervention, although relevant data is typically released weeks later, so yen volatility is expected to remain high in the short term. Citi predicts the yen will weaken in the near term and suggests going long on USD/JPY ahead of the Bank of Japan meeting, as the central bank governor is unlikely to deliver a more hawkish stance than expected.