Buying-The-Dip? Crypto Trader Deploys $15M to Buy BTC, SOL, HYPE and PUMP

Group 1 - A trader established bullish positions in major cryptocurrencies, deploying $15 million in USDC on Hyperliquid, focusing on bitcoin (BTC), solana (SOL), Hyperliquid's HYPE token, and PUMP [1] - The cryptocurrency market has seen a decline, with Bitcoin falling over 2% below $113,000, leading to a market value drop to $2.25 trillion [2] - The recent market weakness is attributed to the dollar's resilience following dovish Fed rate cuts, contributing to bearish sentiment in the options market [3] Group 2 - Market volatility is anticipated to rise as several Federal Reserve policymakers, including Chairman Jerome Powell, are scheduled to speak, alongside the upcoming Personal Consumption Expenditures (PCE) inflation report [4] - The FTX bankruptcy recovery trust is set to distribute $1.6 billion in payments to creditors on September 30, providing relief to stakeholders affected by the collapse [5]