Implied yields from September 2025 eurodollar futures dipped to 3.85%, the lowest in two months, driven by falling forward inflation expectations. Eurodollar-future spreads narrowed against SOFR futures. A major whale also withdrew $122 million worth of HYPE tokens, identified as Techno_Revenant, with $90 million in unrealized gains from nine-month holdings. No, Eurodollar Futures contracts are cash-settled, which means no physical delivery of Eurodollars occurs at maturity. Instead, traders either receive or pay the cash equivalent based on the final settlement price of the contract. Short-term eurodollar contracts slipped after hawkish FOMC minutes, with March 2024 declining 2 bps to 94.98, reflecting hotter-than-expected services PMI. Traders eye Friday’s PPI release for confirmation.