Binance saw a net outflow of $14.1 billion over the past week, while OKX saw a net inflow of $499 million.

[Arbitrum Discloses USDG's TVL on Morpho Reaches $143 Million] Arbitrum disclosed that USDG's TVL on Morpho reached approximately $143 million in less than a month. As of the week ending November 2nd, the total value locked (TVL) in the Gauntlet USDG Premium and Steakhouse USDG Pro vaults was $87.22 million and $56.06 million respectively, totaling approximately $143.29 million.

[Samson Mow: Liquid Federated Wallet Replenished with 300 BTC, Reserve Gap Reduced to 250 BTC] JAN3 CEO Samson Mow stated that the Liquid Federated Wallet received 300 BTC, reducing the reserve gap to approximately 250 BTC. On-chain transaction data shows that the 300 BTC transfer was confirmed in Bitcoin block 974299.

U.S. stocks initially rose but then retreated, with the Nasdaq down 1.07%, the Dow Jones up 0.42%, and the S&P 500 down 0.5%. Chip stocks generally declined, with the Philadelphia Semiconductor Index down 3.37%, Cerebras down 11.7%, Intel down nearly 9%, Western Digital, AMD, and Seagate Technology down over 7%, and SanDisk down over 6%.

The U.S. Treasury projects borrowing $618 billion in the fourth quarter, a decrease of $10 billion from its August estimate. This projection assumes a cash balance of $850 billion at the end of December. The Treasury projects borrowing $800 billion in the first quarter of 2027, assuming a cash balance of $1 trillion at the end of March. Actual borrowing in the third quarter was $742 billion, with a cash balance of $984 billion at the end of September.

Robinhood CFO Shiv Verma stated that Robinhood is competing with other retail brokerages for a share allocation in Anthropic's IPO, and the competition is currently fierce. Robinhood will compile customer subscription requests and submit them to Anthropic and the underwriting banks, with the issuer deciding on the allocation. Verma noted that retail investors account for approximately 20% to 25% of the US stock market, and the issuer should consider allocating a larger proportion to retail investors. Anthropic filed for its IPO on October 26th and plans to list before Thanksgiving in the US. (Source: Bloomberg)