Binance Margin to Launch Routine Cleanup of Small-Debt Accounts

Odaily reports that according to Lookonchain monitoring, 3 newly created wallets received 1,090 BTC, worth $90.38 million, from Wintermute.

Odaily reports: According to on-chain analyst Ai Yi, the well-known Solana trader Kimchi (Gs5F...GYeX), who is rumored to have profited over $40 million from TRUMP, withdrew 1.35 billion PUMP tokens worth $6.43 million in the past 3 hours. Today, the market cap of the token sharing his name, Kimchi, briefly reached $40 million; Kimchi himself holds 75.32% of the token's total supply. Pump.fun co-founder @a1lon9 confirmed a partnership between the two parties and stated that Kimchi is helping Pump.fun shape its creative direction.

Odaily report: As the financing models of Bitcoin treasury companies Strategy and Strive come under pressure, related companies are attracting investors by offering higher-yield preferred stock to sustain their crypto asset accumulation strategies. Strategy's STRC preferred stock, which carries a 12% annualized dividend rate, has not been issued again since its price decline in June. The company is now seeking to promote daily dividend payments and continues to raise funds by issuing additional common stock to buy Bitcoin, resulting in equity dilution for existing shareholders.Bitcoin treasury company Strive disclosed that it has completed a $630 million preferred stock offering, with the fundraising scale about 25% higher than initially planned. The preferred stock carries a nominal annualized yield of 15% and was issued at a discount, with an effective yield of nearly 17%, far exceeding the yield on one-year high-grade U.S. Treasury bonds and approaching the returns on distressed debt. (Bloomberg)

Odaily reports: Trump is shifting his campaign strategy ahead of the midterm elections, using cash promises, targeted subsidies, and economic policy incentives as key tools to win voter support. Some measures have already been implemented, others remain at the policy commitment stage, and some have been explicitly tied by Trump to whether Republicans can win the elections. On Monday, he said he would directly distribute $8 billion in subsidies to farmers; on Tuesday, he announced that Americans could receive rewards of up to $30,000 for reporting government fraud.This intense economic offensive is aimed both at shoring up the Republican voter base and at reflecting the growing cost-of-living pressure the White House is facing. Trump previously promised to lower prices for goods and services, but rising prices for gasoline, diesel, and fertilizer have already caused some households and farmers to become dissatisfied with his economic policies.

Odaily星球日报讯 据官方公告，币安将于 2026 年 10 月 21 日 09：00 至 09：20（UTC）上线 CEGUSDT、BACUSDT、IBKRUSDT 和 MDTUSDTU 本位永续合约，支持最高 20 倍杠杆，并开放多资产模式。

Odaily: According to an official announcement, Binance Margin will initiate a routine cleanup starting from October 27, 2026, at 08:00 (UTC+8), targeting cross margin accounts with total outstanding liabilities below 1 USD (in any currency). This cleanup will be executed daily as part of routine operational procedures.Target accounts:1. Cross margin accounts with total outstanding liabilities (across all currencies combined) below the equivalent of 1 USD.2. Margin accounts with no fund activity over the past 6 months. Fund activity refers to any operation that generates fund flows, including but not limited to:· Fund transfers: transferring funds into or out of the margin account;· Borrowing / Repayment: taking out margin loans or repaying margin loans;· Close Position / Close All / Repay All: shortcut functions available on the margin trading page.