Yesterday, the US Solana Spot ETF saw a net outflow of $8.2 million, ending its streak of continuous net inflows.

On November 27th, KobeissiLetter disclosed data indicating that in October, the U.S. trading margin debt witnessed a remarkable surge of $572 billion, reaching a record high of $1.2 trillion. This marks the sixth consecutive monthly increase. Up to now this year, U.S. trading margin debt has grown by $285 billion, representing a 32% increase. In the past six months, margin debt has soared by 39%, which is the largest increase since 2000. It even surpasses the growth during the 2021 Meme Stock frenzy, clearly demonstrating that the leverage in the U.S. investment market has reached an absurd level. Trading margin debt refers to the total amount of debt that investors borrow from brokers to purchase stocks or other securities in securities trading. This enables investors to expand their investment scale with a relatively smaller amount of their own funds, thereby magnifying potential returns. However, it also amplifies risks.

On November 27th, Lido made an announcement regarding the "GOOSE-3" proposal. This proposal outlined its strategic goals for 2026, with the aim of transforming Lido from an "Ethereum staking middleware" into a comprehensive DeFi platform. The proposal was jointly submitted by the Lido Labs Foundation in cooperation with the Lido Ecosystem Foundation and the Lido Alliance BORG. Lido's four major goals for 2026 are as follows: Expanding the staking ecosystem: By leveraging Lido V3, stVaults will transform staking into modular infrastructure that can be integrated by integrators, node operators, custodians, and large allocators. Protocol Flexibility Upgrade: Introducing the ValMart validator market to enable dynamic allocation of staking based on performance, cost, and decentralization. This will enhance DAO revenue and strengthen risk management. Expanding Lido Earn: Catering to advanced DeFi users, re-stakers, stablecoin hodlers, passive earners, and on-chain treasury managers. Vertica

On November 27th, according to an official statement, Bitget has announced the initiation of the U-based IRYS perpetual contract with a leverage ranging from 1 to 20. At the same time, the contract trading BOT will also be opened.

On November 27th, Michael Saylor, the founder of Strategy, made a post stating that "Volatility is Vitality." After experiencing a recent drop to nearly $80,000, Bitcoin regained its footing and returned to $90,000 within a week. As of now, it has risen to nearly $92,000. On November 21st, Michael Saylor posted "Endure," urging people to be patient and hold (hodl) in the face of the current market volatility.

On November 27th, the new season of Alpha Arena began on the 20th. As of the time of this writing, all 8 participating AI models are still in a state of loss. GPT-5.1 currently ranks first with a return rate of -2.29%, which is close to breaking even. Meanwhile, Grok 4 is at the bottom with a return rate of -55.79%. The newly added domestic model Kimi 2 is reporting a return rate of -30.36%. In this season, models need to participate in multiple matches, each with a different theme. Overall, these matches serve as stress tests for the models and showcase their robustness in response to different prompts. However, in the same match, all models will receive the same input. The format of this season's matches is live trading of US stock tokens on trade.xyz.

On November 27th, as monitored by OnchainLens, a whale has mainly made a profit of $11.04 million in the past 210 days through shorting ETH. This whale has increased its short position in Ethereum and currently holds a position valued at $28.75 million. The entry price is $3032 and the liquidation price is $3503.