An address spent $23,000 betting on extreme volatility in the Federal Reserve interest rate decision, with a maximum potential profit of $5.64 million.
According to Odaily, Lookonchain posted on X that the market expects the Federal Reserve's interest rate decision on January 28 to remain unchanged. Against this backdrop, a newly created address spent $23,000 to bet on three extreme scenarios: a rate hike of 25 basis points or more, a rate cut of 25 basis points, and a rate cut of 50 basis points or more. If any of these scenarios occur, the address will profit over $1.27 million, over $2.01 million, or up to $5.64 million, respectively.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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