
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.
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The US funds pulled in $2.6 billion as Bitcoin surged toward $80,000 and Washington delivered a string of market-moving catalysts.

The 32.x warning and 33.x removal sequence remains a proposal as maintainers test whether sparse fallback routes add resilience.

The preliminary S-1 compares $30,000,005 from new investors with $45,000 from existing holders and leaves buyers immediately diluted.

The August 21 filing said 205,512.5 tokens remained unmonetized, with their receipt-date fair value still unresolved.

The executed mint reduced the proposal’s pre-existing supply base to about 25.1% of its estimated post-mint total.

The proposals would set a 20 billion-share ceiling and grant three years of broad reverse-split authority.



