News

According to on-chain monitoring by Coinbob and Arkham, the whale (address 0x152) who previously profited over $16 million from the main upward wave of XPL on Hyperliquid has recently taken long positions in ASTER. The main address currently holds a 2x leveraged ASTER long position, amounting to $5.55 million at an average price of $0.65, with an unrealized loss of $630,000 (-22%) and a liquidation price of $0.29. The associated sub-address (0xfb5…) holds a 3x leveraged ASTER long position, totaling $1.85 million at an average price of $0.56, with a liquidation price of $0.361, currently showing a small unrealized profit. This whale was the largest long position holder on-chain during the main upward wave of XPL, with a historical win rate of over 80%, and is also active in the Polymarket prediction market.

PANews, February 3rd – Morgan Stanley stated that if Kevin Warsh were to become the chairman of the Federal Reserve, his tendency to reduce public communication could exacerbate volatility in the US Treasury market. Warsh previously served as a Federal Reserve governor from 2006 to 2011 and advocated that investors should make their own judgments about the economy and policy, rather than relying on the Federal Reserve's views. Morgan Stanley's analysis pointed out that Warsh may prefer a smaller Federal Reserve balance sheet, which could lead to an increase in long-term Treasury yields and result in a steeper yield curve compared to short-term yields. In addition, he might reduce communication with the market, such as cutting back on media interactions before Federal Open Market Committee meetings, or even possibly eliminating tools like the "dot plot" forecasts. This would increase the likelihood of policy surprises and raise market uncertainty. However, some investors believe that Warsh may place greater emphasis on data-driven decision-making and could help foster consensus within the Federal Reserve. Jeffrey Palma, head of multi-asset solutions at Cohen & Steers, said that Warsh may be one of the more responsive candidates to data changes among recent nominees.

BlockBeats News, February 3rd, Morgan Stanley stated that the Fed led by Kevin Warsh may exacerbate volatility in the U.S. Treasury market due to a reduction in its policy transparency. Warsh, nominated by Trump to succeed Powell as chairman in May, served as a Fed governor from 2006 to 2011. A review by Morgan Stanley of minutes from a past Federal Open Market Committee (FOMC) meeting showed that Warsh wanted investors to form their own views on economic growth, inflation, and monetary policy. At Morgan Stanley, Hornbach and Tauber believe that this former governor prefers a "smaller balance sheet size," which could push up long-term Treasury yields relative to short-term yields, a phenomenon known as a steeper yield curve. However, the bank believes that the Fed under Warsh's leadership may change its communication style, which could increase investor uncertainty, a key point. This includes a reduction in Fed officials' interactions with the media, especially before FOMC meetings, and possibly the elimination of the "dot plot" forecast or economic projections summary (FXStreet).