According to Odaily Planet Daily, on-chain analyst Ai Yi monitored that Trend Research, a company under Yi Lihua, deposited 10,000 ETH into Binance 2 hours ago, and then withdrew 6,411 ETH (US$15.41 million) 5 minutes ago.

According to a research report by CITIC Securities, as reported by Odaily Planet Daily, the current wave of ETF redemptions is essentially over, and heavyweight stocks are entering a recovery window. A style shift is underway within a larger cyclical framework, moving from small-cap to large-cap stocks and from thematic to quality-driven stocks. The nomination of Walsh as Federal Reserve Chairman represents the policy intention of a "US version of shifting from virtual to real economy," which, regardless of its successful implementation, will have a significant impact on the style of global risk assets. The underlying commonality of cyclical sectors is significant room for profit margin recovery, reflecting China's policy shift from expanding scale to improving quality and efficiency. The fundamental allocation strategy should still revolve around the revaluation of global pricing power in industries with competitive advantages, but caution should be exercised regarding the increasingly speculative precious metals sector. The recovery in the consumption and real estate chains should occur in the spring, which is not contradictory to manufacturing and technology. (Jinshi)

Odaily Planet Daily reports that Haseeb, Managing Partner of Dragonfly, posted on the X platform that public opinion regarding Binance founder CZ has undergone a significant reversal in the past few months: he was seen as a "hero" by some in the community upon his release from prison, while currently, some opinions equate him with SBF as a negative figure. He believes both extreme views are unreasonable but reflect an interesting phenomenon of changing market sentiment. CZ subsequently responded that both views are overly simplistic and may be related to market cycles and changes in the macro environment. For example, the crypto industry was more prone to sympathy under regulatory pressure, while in the current relatively more favorable policy environment, if Bitcoin does not continue to reach new highs, market sentiment may turn negative, or it may simply be a change in sentiment driven by the bull-bear cycle. He also stated that the team will continue to focus on building the platform and thanked the community for its support.

Odaily Planet Daily reports that the Hong Kong Legislative Council's Finance Committee has announced the election of Mr. Li Weihong as its chairman. Mr. Li had previously called for the promotion of the virtual asset and futures markets, expediting the approval process for license upgrades, and suggesting that the Hong Kong Futures Exchange implement 23-hour trading as soon as possible, increase the number of futures products available for holiday trading, and open up more virtual asset options and futures derivatives. Furthermore, Mr. Li urged the Hong Kong government to accelerate the construction of an international gold trading center and strive for early accession to the Regional Comprehensive Economic Partnership (RCEP), enabling the industry to export gold and other precious metals from Hong Kong to RCEP members with zero tariffs.

Odaily Planet Daily reports that this week's plunge in gold and silver prices began with reports that Trump would nominate Warsh as the new chairman of the Federal Reserve. Dirk Malaki, managing director of SLC Management, stated that Warsh's hawkish background reduces the risk of a broad-based depreciation of the dollar. The market is returning to an orderly monetary policy track. Analysts also mentioned that traders taking profits quickly at the end of the month, or banks hedging against the impact of a sudden drop, may have contributed to this precious metals sell-off. Adrian Ash, head of research at BullionVault, said he has been involved in the precious metals market for 20 years and has never seen anything like it. However, he downplayed the possibility of retail investors suddenly withdrawing funds on Friday, pointing to similar unusual movements in base metals markets such as copper, where copper futures fell 4.5% on Friday. Ash also stated that looking only at gold and silver, it's easy to say this is retail frenzy, but there is no retail participation in the base metals market. (Jinshi)