BTC continued to trade between the $100,000–$105,000 range, opening the day at the lower band of $101,900.
Renewed ETF outflows saw Bitcoin lose –$278 million, while Ethereum lost –$184 million. Solana continues to outperform with an addition of +$18.06 million.
Futures positioning: open interest slipped by –3.58% to $66.14 billion with liquidations worth $186.47 million, majority of them, long liquidations.
Whales accumulation continues with over 45,000 BTC added this week, the second-largest accumulation of 2025.
Macro tailwinds: U.S. government officially reopens after House passes spending bill with China–U.S. trade tone continuing to soften; aiding global liquidity.
The Singapore-based pool's U.S. units lined up a $52 million stalking-horse bid for their West Texas sites, four years after Poolin's wallet arm froze withdrawals and left customers holding $163.7 million in IOUs.
Bitkub says its founders quietly covered the loss to prevent a bank run and that no customer was ever harmed, but the SEC's case rests on the argument that concealing the theft from regulators was itself the violation.
BIP-110’s forced activation path and a parallel fork threaten to turn a technical dispute into a live chain-split risk just as Bitcoin searches for a price floor.
The exchange that invented the 100x perpetual swap says the closure follows a strategic review rather than financial trouble or regulatory pressure, and will unwind positions on a fixed schedule starting August 26.
