Explode short positions! 96000 people broke out, what happened? Terrifying in the air, Meiyi pilot attempted to crash the airliner! Latest official response

Suddenly burst.

On October 24th, Bitcoin suddenly rose violently, rising above the $35000 per coin mark during the day, with a daily increase of over 14%. It is worth noting that this is the first time Bitcoin spot prices have risen above $35000 per coin since 2022. According to public data, digital currency contracts across the entire network have sold out approximately $500 million (approximately RMB 3.65 billion) within 24 hours; In the past 24 hours, a total of 96071 overseas investors have sold out due to this.

In addition, the "aerial horror" staged by the United States has attracted attention. According to CCTV News, on October 23rd local time, according to ABC, an Alaska Airlines flight was diverted on the evening of the 22nd due to a "credible security threat". According to a statement, during the flight, a pilot attempted to shut down the aircraft's engine and crashed it, and was charged with 83 counts of attempted murder. At that time, the plane was carrying 80 passengers and 4 crew members and was originally scheduled to fly from Everett, Washington to San Francisco.

It is worth mentioning that the Federal Aviation Administration urgently informed Alaska Airlines that the incident is not related to the "current international event". The "current international event" implies the Middle East war between Israel and Hamas.

96000 people sold out

On October 24th, during the Asian trading session, Bitcoin suddenly rose violently, rising above the $35000 per coin mark during the day, with a daily increase of over 14%. It is worth noting that this is the first time Bitcoin spot prices have risen above $35000 per coin since 2022.

Bitcoin and other digital currencies suddenly rose violently, leading to a large number of short positions being exposed. According to public data, digital currency contracts across the entire network have sold out approximately $500 million (approximately RMB 3.65 billion) within 24 hours; In the past 24 hours, a total of 96071 overseas investors have been exposed.

Stimulated by the soaring price of Bitcoin, US digital currency concept stocks strengthened significantly after the market, with MicroStrategy rising by over 6% and Coinbase rising by over 5% at one point.

Analysts have pointed out that the surge in Bitcoin is mainly driven by the positive expectations of spot ETFs being approved. There are reports that the first batch of US spot Bitcoin ETFs may be approved in the coming weeks, which has sparked speculative demand.

According to Cointelgraph's report early this morning, the US Securities and Exchange Commission (SEC) approved iShares Bitcoin spot ETFs. BlackRock later confirmed that the listing application for Bitcoin spot ETFs is still under review by the US Securities and Exchange Commission.

ETF analyst Eric Balchunas stated that this is a positive signal, with iShares spot Bitcoin ETFs under the stock code IBTC and possibly listed on NASDAQ. BlackRock may have obtained permission from the US Securities and Exchange Commission to list ETFs, or is "making all preparations".

In addition, a US court has ruled to transfer the listing application of Bitcoin ETFs back to the US Securities and Exchange Commission for review. The US Securities Regulatory Commission has been informed of the subsequent disposal status regarding the Grayscale Bitcoin ETF listing plan.

Wang Peng, an associate researcher at the Beijing Academy of Social Sciences, pointed out that once the spot Bitcoin ETF is approved for listing, it will be recognized to some extent as an investable asset class that investors can legally purchase. However, Bitcoin itself lacks practical application scenarios and the problem of lack of underlying asset support is difficult to solve. Therefore, regulatory authorities are more cautious about the spot Bitcoin ETF product. Even if the spot Bitcoin ETF is approved for launch, it cannot guarantee the long-term stability of Bitcoin trading prices.

Wang Peng emphasized that cryptocurrency transactions carry high risks, and ordinary users should not be attracted by short-term growth appearances to avoid potential property loss risks. Especially in the current situation where domestic cryptocurrency transactions have been completely suspended, the rights and interests of ordinary users are not protected. Users should have a deep understanding of the risks of participating in cryptocurrency speculation, avoid being tempted by so-called high returns and other tactics, and view returns and risks rationally.

Aerial horror

On October 24th, according to CCTV News, on October 23rd local time, according to ABC, an Alaska Airlines flight was diverted on the evening of the 22nd due to a "credible security threat".

The airline stated that there were 80 passengers and 4 crew members on board the plane, originally scheduled to fly from Everett, Washington to San Francisco, but the plane was diverted to Portland due to a "credible security threat".

The airline stated that law enforcement agencies are investigating the incident.

According to a statement by Alaska Airlines, a crew member of the flight was charged with 83 counts of attempted murder for attempting to shut down the aircraft's engine and crash it during a flight on the evening of the 22nd, according to a report by the BBC on the 23rd. It is reported that the crew member was a pilot, but was on duty at the time and was not responsible for the execution of the flight that night.

The statement shows that the perpetrator was sitting in the cockpit of an Alaska Airlines aircraft, behind the captain and co captain. It is reported that the perpetrator attempted to shut down the aircraft's engine at the time, but was later subdued and handcuffed to his seat, causing the plane to make a forced landing in Portland midway.

Portland Port stated in another statement that the police have confirmed the suspect as Joseph D. Emerson, 44 years old, who has been detained by Portland police.

According to records from the Federal Aviation Administration of the United States, the suspect Emerson holds airline transport pilot certification and is qualified to fly Airbus A320, Boeing 737, Air Canada regional jet, and De Havilland Dash8, but he does not have a license to fly the aircraft type in question - ERJ175.

In addition, the Federal Aviation Administration also informed Alaska Airlines that the incident is not related to the "current international event". The "current international event" implies the Middle East war between Israel and Hamas.

As of the latest close, Alaska Airlines' stock price closed at $32.56, a cumulative decrease of 43% from its July high of $57.18 this year, and its total market value has shrunk to $4.14 billion (approximately RMB 30.2 billion).

According to the financial report released by Alaska Airlines, the third quarter performance was significantly lower than expected, with a revenue of $2.8 billion and a year-on-year decrease of 27.1% in net profit to $237 million. The airline has lowered its annual profit forecast and expects capacity growth to be less than 3% higher than in 2019 by February 2024.

The 'big bear' suddenly closed its position

A very dramatic scene occurred in the US treasury bond bond market overnight: the yield of the 10-year US treasury bond hit the 5% mark in the intraday rush, and then fell sharply all the way, once falling 19 basis points.

The trigger for this reversal was a tweet from a Wall Street mogul. In the middle of the day, Bill Ackerman, a well-known hedge fund leader in the United States and founder of Pershing Square, announced on the X platform (formerly "Twitter") that he had liquidated his short positions in long-term US bonds.

Ackerman pointed out that there are too many risks in continuing to short bonds under the current long-term interest rates. Therefore, the short positions in long-term US bonds were eliminated. The economic growth rate of the United States is slower than the level suggested by recent data.

At the beginning of August this year, Ackerman disclosed that he was shorting 30-year US treasury bond bonds through options. Since the end of July, the price of US 30-year treasury bond has continued to plummet, and the yield has risen nearly 100 basis points. The Bloomberg Global Composite Bond Index has fallen by 4.8% so far this year, following a record 17% decline in 2022.

It is worth mentioning that legendary investor Bill Gross, known as the "Old Bond King," wrote that he is buying short-term interest rate futures because he expects a recession in the United States before the end of the year.

Analysts point out that it remains to be seen whether the retreat of these two bears marks the peak of the current US bond sell-off. Some market observers also said that it is not impossible for the yield of the US 10-year treasury bond bond to rise to 6%.

Editor in Chief: Lin Gen

Checked by: Peng Qihua