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.

You might also like

This Bitcoin Developer’s Idea Would Make Quantum …
Nov 08, 2026 Read
Binance France emails announce closure of its use…
Nov 08, 2026 Read
These Finland homes get free heat from bitcoin mi…
Nov 08, 2026 Read
Gold is still 25% below its peak even as demand r…
Nov 08, 2026 Read