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00:51
"The 'BTC OG Insider Whale' has closed positions for ZEC and UNI longs, but still holds a $80 million BTC long position"
BlockBeats News, June 19th, according to on-chain analyst Wu Jinyu's monitoring, the "BTC OG Insider Whale" has closed its ZEC and UNI long positions, but still holds the majority of its position in a BTC long position with a significant unrealized loss. In particular, the whale closed a 50,000 ZEC long position, worth approximately $22.38 million, with a profit of about $420,000; at the same time, it closed a 580,000 UNI long position that was opened on the previous day at a higher price, worth approximately $1.76 million, with a loss of about $310,000. Its 1,270 BTC long position opened in May at an average price of $76,117 is still held, with the current position worth approximately $80 million, but facing an unrealized loss of $16.65 million.
00:51
Japan's food prices in May rose by 3.5% year-on-year, unchanged from the previous month; rice prices fell by 4.9% for the first time.
In May, Japan's food prices rose by 3.5% year-on-year, the same as in April, marking the slowest growth rate since October 2024. Within the various categories, fish and seafood increased by 5.5%, meat by 3.5%, dairy and eggs by 3.6%, oils and seasonings by 3.9%, pastries and sweets by 8.1%, ready-made foods by 4.4%, beverages by 8.7%, alcoholic drinks by 0.2%, and dining out by 1.0%. Except for pastries and sweets, all other categories saw a narrowing growth rate compared to the previous month. After falling for five consecutive months, the price of fresh vegetables rebounded by 3.8%. The price of grains turned negative for the first time since December 2021, declining by 0.9%. Fresh fruit continued its deflationary trend, dropping 1.6%. Among staple foods, the price of rice fell by 4.9% year-on-year, marking the first annual decrease since November 2022. This indicates a divergence in Japan’s domestic food inflation structure, with cost pressures persisting in some categories but an overall slowdown in price increases.
00:49
Bank of Japan official: Will continue raising interest rates based on economic and price conditions
The committee members reached a consensus on the timing and pace of monetary policy adjustments: it is necessary to balance two key dimensions, closely monitor the impact of the Middle East conflict on the Japanese economy, and assess the likelihood of the baseline economic outlook being realized. Note: The Bank of Japan kept the policy rate unchanged in April, but carried out a rate hike operation during this week’s monetary policy meeting. Some members indicated that if there is a continued risk of rising oil prices, it would be appropriate to raise rates to a neutral level as soon as possible to prevent core inflation from persistently deviating above a reasonable range. One member suggested that the current policy rate remains far from the neutral rate, and that the central bank should continue to raise rates at intervals of several months.
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