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A bitcoin short squeeze for the ages as futures open interest collapses Trending Token Price Prediction ChallengeHTX 13th-Anniversary CarnivalHTX Creation Challenge — Post and Win 1,500U Over the past

A bitcoin short squeeze for the ages as futures open interest collapses


 Trending Token Price Prediction Challenge

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Over the past week, bitcoin $BTC$79,831.30 has surged from around $62,000 to around $80,000, delivering its second-largest weekly gain of the past five years. A rally of this magnitude would typically trigger a surge in risk-taking, with traders piling into leveraged products such as futures to amplify potential returns.

This time, however, appears different, and it points to a painful truth for bulls – short covering, or closure of bearish bets, appears to have helped drive prices higher rather than fresh outright long positions.

That’s evident from futures open interest (OI), a metric tracking the total number of active futures contracts at a given time. As of this writing, the OI stands at around 587,584 $BTC, the lowest in nearly five months and down from 645,760 $BTC on Aug. 14, according to data source Glassnode. Measuring open interest in bitcoin terms provides a clearer picture of positioning because it removes the mechanical increase that bitcoin’s rising dollar price would otherwise cause.

In other words, as the spot price surged, open interest actually fell. This happened because short sellers who had bet on a continued drop either closed their positions by buying back their shorts or were forcibly liquidated by exchanges due to margin shortfalls.

The data supports this. Billions of dollars in short positions were liquidated during the move, creating a short squeeze that helped propel Bitcoin above $80,000.

At the same time, annualized funding rates in perpetual futures, which provide a glimpse of trader positioning and market sentiment, have held steady below 10%, pointing to only moderate bullish positioning. Strong demand for long positions would have pushed those rates significantly higher.

A bitcoin short squeeze for the ages as futures op

⚡ Don't Anticipate the Break $W Cross-chain infrastructure remains important as liquidity moves between ecosystems. 🔗 I want price to reclaim resistance and hold a higher low. A successful retest woul

Trending Token Price Prediction ChallengeHTX 13th-Anniversary CarnivalHTX Creation Challenge — Post and Win 1,500UBitcoin extends 7-day advance to roughly 25%Bitcoin $BTC$79,831.30 climbed more than 4

Bitcoin extends 7-day advance to roughly 25%Bitcoin $BTC$79,831.30 climbed more than 4% over the past 24 hours to cross the $80,000 level for the first time since May and extending its seven-day advance to roughly 25%. The wider CoinDesk 20 (CD20) index added 2.7% on the day.

The crypto rally started last week after the U.S. Treasury said it would at least double the size of buybacks of long-dated bonds, and accelerated as spot crypto buying and deepening liquidity pointed to “meaningful capital deployment,” according to Glassnode.

Still, analysts at Bitfinex struck a cautious tone, noting that roughly $3 billion in crypto short positions were liquidated in two days while bitcoin network transactions remained near eight-year lows.

Gold, meanwhile, kept climbing. It’s now at a three-month high of $4,650 an ounce, while Brent crude shed more than 2% in the past 24 hours as markets appear to dismiss the U.S.’ widening crackdown on Iran through its “economic D-Day.”

Derivatives Positioning
The crypto rally has paused since the Asian trading session. Even so, futures positioning remains firmly bullish, with long positions accounting for more than 51% of total taker flow. Takers are traders who remove liquidity from the order book by executing orders at the best available prices.
Bitcoin traders have little appetite for leverage. Total $BTC futures open interest remains in the low-700,000 $BTC range after falling sharply during last week’s rally, when a large number of short — or bearish — positions were squeezed out. That restraint could be constructive: elevated leverage often increases the market’s vulnerability to sharp, two-way volatility

Bitcoin extends 7-day advance to roughly 25%Bitcoi

Trending Token Price Prediction ChallengeHTX 13th-Anniversary CarnivalHTX Creation Challenge — Post and Win 1,500UGemini Co-Founder Tyler Winklevoss Announces “Big News” for XRP Community$XRP price ha

Gemini Co-Founder Tyler Winklevoss Announces “Big News” for XRP Community$XRP price has rallied more than 50% in a week, supported by significant inflows from retail and institutional investors into spot $XRP ETFs. Gemini co-founder Tyler Winklevoss shared another “big news” for $XRP Army on Monday that could trigger further upside momentum in $XRP price

Gemini Co-Founder Tyler Winklevoss Announces “Big

$SENT SENT is currently around $0.013–$0.014, with recent momentum improving after its July low near $0.0113. CoinMarketCap shows a 24h range around $0.01269–$0.01377 and the token remains well below 

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On August 25, prediction markets Kalshi and Polymarket indicated a higher probability of continued increases in the 10-year U.S. Treasury yield this year. Kalshi data shows a 56% probability that the 

Market Predicts Bearish Outlook for Yellen's Support: Barclays Says 10-Year U.S. Treasury Yield May 

HTX 13th-Anniversary CarnivalHTX Creation Challenge — Post and Win 1,500U Trending Token Price Prediction Challenge Токен Midnight успешно размещен на японской бирже, поддерживаемой Sony, основатель C

Токен Midnight успешно размещен на японской бирже, поддерживаемой Sony, основатель Cardano высоко оценил это достижение

Нативный токен сайдчейна Midnight, обеспечивающего конфиденциальность, NIGHT, официально размещен на S.BLOX, японской криптовалютной бирже, принадлежащей Sony Group.

По данным фонда Midnight, это первое размещение на японской криптовалютной бирже, поддерживающей NIGHT. S.BLOX также подтвердила, что станет первой японской биржей криптовалют, которая начнет торговлю NIGHT с 24 августа 2026 года.

Это размещение имеет важное значение для инициатив Midnight, свидетельствуя о расширении ее влияния в Азии. Что еще важнее, оно позволяет японским пользователям получить доступ к NIGHT через национальную криптовалютную биржу.

Токен Midnight успешно размещен на японской бирже,

Trending Token Price Prediction ChallengeHTX 13th-Anniversary CarnivalHTX Creation Challenge — Post and Win 1,500UChatGPT says Solana price will hit this target by September 1, 2026Solana ($SOL) price

ChatGPT says Solana price will hit this target by September 1, 2026Solana ($SOL) price rose 7% and climbed above $100 on August 25, outperforming the broader cryptocurrency market as surging trading activity fueled a risk-on rally.

Indeed, with the market-wide sentiment shifting firmly into ‘Extreme Greed’ (83 on the Crypto Fear & Greed Index), Solana’s 24-hour volume surged nearly 100% to just shy of $7.8 billion, per CoinMarketCap estimates.

Right now, $SOL’s ability to hold above the $100 psychological support level could determine whether the current momentum extends, as a sustained move above $100 could put the $110 resistance zone in focus once again.

As things stand, Solana’s near-term outlook remains bullish, although it is increasingly dependent on broader market momentum, with no clear network-specific catalyst driving the surge.

To see what direction the asset might move in the coming days, we asked OpenAI’s flagship chatbot, ChatGPT, where the Solana price might land on September 1, 2026.According to the algorithm, the most likely Solana price on September 1, 2026 is somewhere in the $103–$112 range, with $108 given as the most narrow forecast.

Starting from the current price of roughly $100, ChatGPT expects $SOL to remain relatively strong over the next week, but it doesn’t expect the ongoing rally to continue in a straight line.

Notably, the chatbot generated a Solana price timeline, projecting the cryptocurrency would climb to approximately $103 on August 26 and $105 on August 27, but that it would then drop back to $102 on August 28.

After that, the prediction was that Solana would get back to $106 on August 29, $109 on August 30, $107 on August 31, and finally $108 on September 1. The final price implies an 8% upside by the end of August.


ChatGPT says Solana price will hit this target by

Trending Token Price Prediction ChallengeHTX 13th-Anniversary CarnivalHTX Creation Challenge — Post and Win 1,500U Whales increase $ETHFI exposure Additionally, the surge in whale activity on the netw

Whales increase $ETHFI exposure

Additionally, the surge in whale activity on the network seemed to offer yet another bullish indication.

As per the latest Spot Future Average Order Size data, $ETHFI’s big whales have continued to place their orders both in the Spot and Futures markets. These developments suggested that big players are still active around the price level of $ETHFI.

The ongoing demand from whales can help boost up the recovery and offer the much-needed liquidity to counter further bearishness



$ETH$I have just closed my position. Let us copy the next trade together.

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