Daily Hotspot Review - August 22
▰ BTC, ETH, and some altcoins briefly saw downward wicks, but prices have gradually V-recovered. However, many long positions were wiped out in the process.
▰ BitMart exchange posted that it plans to restructure and resume operations… When market conditions were poor, it announced it would stop operating, and a large number of users couldn’t withdraw normally. Now that the market has somewhat recovered, it says it wants to come back again. It can do whatever it wants in the future—let users withdraw their money first, and then talk later...
▰ Hyperliquid (HYPE) broke to a new high. “The largest on-chain HYPE long” currently has an unrealized profit of over $54 million. Even funding fees have already been paid out to the tune of $4.9 million.
▰ Litecoin (LTC) mining pool founder Jiang Zhuoer stated that there is currently a 90% certainty that the bear market has ended.
▰ Others: The Sandbox (SAND) was attacked. The attacker obtained the token minting permission and can freely increase token supply. The official statement says the vulnerability has been contained. Meanwhile, the long-established privacy token ZEC briefly touched $850, setting a new all-time high.
In closing, wishing everyone a huge fortune!
▰ BTC, ETH, and some altcoins briefly saw downward wicks, but prices have gradually V-recovered. However, many long positions were wiped out in the process.
▰ BitMart exchange posted that it plans to restructure and resume operations… When market conditions were poor, it announced it would stop operating, and a large number of users couldn’t withdraw normally. Now that the market has somewhat recovered, it says it wants to come back again. It can do whatever it wants in the future—let users withdraw their money first, and then talk later...
▰ Hyperliquid (HYPE) broke to a new high. “The largest on-chain HYPE long” currently has an unrealized profit of over $54 million. Even funding fees have already been paid out to the tune of $4.9 million.
▰ Litecoin (LTC) mining pool founder Jiang Zhuoer stated that there is currently a 90% certainty that the bear market has ended.
▰ Others: The Sandbox (SAND) was attacked. The attacker obtained the token minting permission and can freely increase token supply. The official statement says the vulnerability has been contained. Meanwhile, the long-established privacy token ZEC briefly touched $850, setting a new all-time high.
In closing, wishing everyone a huge fortune!
