ANTHROPICUSDT This week moved from 2069.51 USDT to 2067.79 USDT, a weekly gain/loss of -0.08%, essentially treading water. Out of 16 weekly samples, 7 weeks were stronger than it, with the strongest week rising 22.07%. That is to say, this week isn’t the main character. But Anthropic’s choice of the topic—an Nasdaq IPO—is providing a source of volatility for a contract that tracks the valuation of companies that are not yet listed.

What happened this week. On September 10, it fell from 2130.53 USDT to 2054.45 USDT, down 3.57%, basically giving back the gains from the previous day. On September 11, it moved from 2054.61 USDT back to 2113.22 USDT, up 2.85%. From September 14 to September 16 it continued weakening: it first rose 1.09% to 2092.08 USDT, then fell 0.33% to 2085.36 USDT, and finally fell 0.86% to 2067.79 USDT—turning the weekly chart from positive to negative. With 3.57% and 2.85% right next to each other, this back-and-forth switching rhythm is not friendly to those chasing the move.

Popular posts in the plaza believe that the clearer the IPO route becomes, the more likely the valuation anchor will shift from off-exchange expectations to public-market pricing, and that contract prices often reflect volatility ahead of that shift (paraphrased; not representing this site’s view). Others think the daily volatility of this type of contract mainly comes from capital’s immediate reaction to news. Seeing a single-day drop like 3.57% doesn’t mean you should rush to look for fundamental explanations. My view is that these are all just opinions: the statistical significance of 16 weekly samples is limited, and using a few weeks’ returns to predict next week is easy to get wrong.

Finally, the honest truth: the week of 2026-08-10 that rose 22.07% was only later recognized as a “strong week.” People who were in it at the time didn’t know that. With high leverage, this kind of back-and-forth is enough to cause positions to be passively reduced. #Anthropic chooses Nasdaq IPO

#币安 $BNB