CryptoSlate August 24, 2026

Bitcoin weekend blip wiped out $250M in over leveraged long traders while open interest weakens

Bitcoin weekend blip wiped out $250M in over leveraged long traders while open interest weakens

Open interest fell 2.65% and funding stayed near baseline, pointing to leverage clearing rather than longs rebuilding.

The post Bitcoin weekend blip wiped out $250M in over leveraged long traders while open interest weakens appeared first on CryptoSlate.

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