BTC falls below the $110000 mark

[Whale Address Withdraws 5.8 Million ASTER from Binance and Transfers to Aster DEX] On-chain monitoring data shows that an address labeled as a whale account withdrew 5.8 million ASTER from Binance, estimated to be worth approximately $5.58 million at the current price. The withdrawn tokens were subsequently transferred to the decentralized trading platform Aster DEX.

[Arthur Hayes Says the Fed Implements Stealth Money Printing Through Standing Repo Facility] BitMEX co-founder Arthur Hayes stated that he will publish an article next week discussing how the Federal Reserve uses the Standing Repo Facility as a tool for stealth money printing. He pointed out that when liquidity is tight (SOFR exceeds the federal funds rate), the Fed provides loans through the Standing Repo Facility, thereby achieving money printing.

[Pump.fun has repurchased over $160 million worth of PUMP tokens] According to fees.pump.fun data, on November 2, Pump.fun spent 7,453.81 SOL (approximately $1.395 million) to repurchase 303.9 million PUMP tokens. Since the buyback began on July 15, Pump.fun has cumulatively repurchased approximately $160.8 million worth of PUMP tokens, reducing the total circulating supply by 10.043%.

Last week, there was a large-scale long position explosion in the cryptocurrency market, with a total amount of 2.18 billion US dollars, indicating intensified market volatility. （Cointelegraph）

OKX-BTC/USDT is currently trading at $111016.50, with a 5-minute increase of 0.20%. Please be aware of market fluctuations.