📊 $3.8B in Shorts Liquidated as BTC, ETH and SOL Rally
Bitcoin, Ethereum and Solana pushed higher over two consecutive days as a wave of short liquidations swept through crypto derivatives markets.
The two-day total reached approximately $3.8 billion in liquidated short positions. Thursday's figure alone set a record dating back to 2021, with an additional $1 billion in shorts wiped out on Friday.
Large-scale short squeezes of this magnitude reflect the scale of leveraged bearish bets caught offside during the rally, and are closely watched as a signal of derivative market stress.
🟠 Dormant Bitcoin Wallets Move 1,214 BTC After 11 Years
Over 1,214 BTC worth approximately $86 million has moved from wallets dormant for 11 years, part of a broader 24-hour window that saw 1,314 BTC ($94M) leave long-inactive addresses.
The activity coincided with Bitcoin reaching a weekly high of $72,400, a price level that appears to have prompted early holders to transfer funds out of cold storage.
Movements from long-dormant wallets are closely watched as a potential indicator of selling pressure or strategic repositioning by early-era holders.
The U.S. Commodity Futures Trading Commission has resolved its enforcement action against the former CEO of Alameda Research, the trading firm at the center of the FTX collapse.
No additional details on penalties, fines, or settlement terms were provided in the announcement. The action is part of broader regulatory scrutiny that has followed the implosion of the FTX exchange and its affiliated entities.
The CFTC has been among the most active U.S. regulators pursuing cases stemming from the FTX fallout, signaling continued enforcement pressure on crypto firms and executives.
📈 Bitcoin ETFs Pull $517M in a Day, Largest Inflow in 3.5 Months
U.S. spot Bitcoin ETFs recorded $517 million in net inflows in a single day, marking the largest daily intake in roughly 3.5 months.
Analysts linked the surge to a surprise crypto market rally triggered by the U.S. Treasury Department's announcement of a buyback expansion program, which boosted broader risk appetite across markets.
The result underscores how macro policy signals continue to drive significant institutional capital movements into Bitcoin ETF products.
The U.S. SEC has unveiled a proposed framework called Regulation Crypto Assets, offering crypto projects two defined paths to raise capital without full securities registration.
Under the proposal, smaller offerings up to $75 million would qualify for a lighter registration track, while larger raises would require ongoing reporting obligations. All offerings would still demand investor disclosures. The plan was announced on August 18.
Industry groups have broadly welcomed the proposal, describing its terms as more generous than expected — a notable shift in tone from the SEC's historically adversarial stance toward the sector.
If adopted, the framework would give U.S.-based crypto projects their clearest regulatory fundraising roadmap to date.
💵 Bitfinex Flags $14B Stablecoin Outflow as Bitcoin Headwind
Bitfinex has issued a warning that roughly $14 billion in stablecoin outflows recorded since May are weighing on Bitcoin's price stability and limiting its upside potential.
Stablecoin liquidity is closely watched as a proxy for dry powder available to enter crypto markets. A sustained outflow of this scale suggests capital is leaving the ecosystem rather than rotating into assets like Bitcoin.
Bitfinex's analysis positions the trend as a meaningful drag on the conditions typically needed to sustain a broader Bitcoin rally.