Bitwise CEO: Investors buy during NEAR pullback, NRR net inflow of $9 million on the third day

[China's Ministry of State Security Warns of Cryptocurrency Risks, Singapore's Crypto Trading Volume Grows by 55.4%] China's Ministry of State Security issued a statement claiming that cryptocurrencies facilitate espionage activities and are used to monitor related money laundering and cyberattacks via blockchain. As of the annual period ending June 2026, Singapore's cryptocurrency activity volume grew by 55.4% to $284 billion, regaining its position as the largest crypto economy in Central Asia and Oceania. Institutional trading volume increased by 94% to $60 billion. (Source: Cointelegraph)

A certain address opened a position worth 8.07 million US dollars in ETH four hours ago; Since September 2nd, a total of 12134.13 ETH worth $32.41 million have been hoarded, with an average purchase price of $2671.25, and have now been deposited into Aave.

Address 0xC1C... F48b6 opened a position of 8.07 million US dollars in ETH four hours ago. Since September 2nd, it has accumulated 12134 ETH, with a total value of 32.41 million US dollars and an average price of 2671.25 US dollars. It has now been deposited into Aave. (Auntie Ai)

On October 2nd, Federal Reserve Governor Logan stated that the policy stance is off track and the Federal Open Market Committee should raise interest rates with a target of at least 50 basis points. AI interpretation: This statement directly challenges the current monetary policy path and clearly sends a strong tightening signal. Officials' advocacy for a significant interest rate hike reflects extreme concerns about the risk of inflation rebounding, aimed at using aggressive measures to suppress economic overheating. This statement completely shattered the market's illusion of policy shift and forced investors to reassess the peak level of interest rates. This hawkish stance significantly raises market expectations for tightening cycles, directly impacting the valuation logic of risk assets.

The CEO of Bitwise stated that investors bought during the NEAR correction, resulting in a net inflow of approximately $9 million into the Bitwise NEAR ETF NRR on the third day.