Daily Hotspot Recap - September 21

▰ Binance Wallet’s first Pre-Access event was filled within about 1 minute. It’s an oversubscription model, but with a hard cap—once the hard cap is reached, it sells out. This round was about 10x oversubscription: 10,000 gets you a 1,000 allocation. The cost price is $15.5; the current contract price is $28.7, which is an unrealized profit of 85%. After that, the next Pre-Access events are likely also first-come, first-served, so you still need to give Binance official posts a like.
Tap the little bell at @BinanceWallet.

BTC OG whale Garrett Jin exited after holding a ZEC short position for three months, cutting the position and realizing a loss of $36.13 million.

▰ Bitcoin surged quickly today, breaking $85,000. According to CoinGlass data, in the past 24 hours the total liquidation amount in the market exceeded $757 million, with the majority being liquidations against short positions.

▰ OKX Exchange’s main site launches Fast Earn on CP. Depositing BTC/ETH/SOL/OKB/CP can earn CP. If you have idle funds, you can take a look at the annualized return—if it suits you, you can participate.

▰ Others: Binance Wallet launches POLYMARKET/USD1 contracts; some smaller altcoins have seen big gains, such as ZETA, VVV, etc.

In closing, I wish everyone huge gains!