#May CPI Incoming#
This Wednesday, the U.S. will release May CPI data — a key test for rate cut expectations. Cleveland Fed forecasts 2.4% YoY CPI (up from 2.3%), with core CPI flat.
💬 If inflation beats expectations, will the Fed still cut in June? Will you stay on the sidelines or take early action?
#Tech Giants Eye Stablecoins#
Apple, Google, Airbnb, and X are in talks to integrate stablecoins into their payment systems, aiming to cut fees and streamline global payments. Following Circle’s IPO surge, stablecoins are quickly gaining traction across tech and finance.
💬 Could stablecoins be
If AAVE falls another 7 dollars to 123 dollars, a certain Whale will face liquidation of 102,000 AAVE.
According to a report by Jinse Finance, on-chain analyst Yu Jin has monitored that if AAVE falls another 7 dollars to 123 dollars, a whale using leverage to invest in AAVE, with a position of 102,000 AAVE (13.08 million dollars), will face liquidation. He borrowed 9.56 million GHO from Aave through a revolving loan from October to December last year to purchase AAVE, with an average cost price of $166. He really has enough diamond hands: his AAVE has gone from buying to the highest floating profit of $21.33 million at the end of last year, and has fallen from a large floating profit to a current floating loss of $3.58 million and is about to be liquidated. He never sold.