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The Nexus
BUSINESSAug 14 · 10:43 UTCCOINTELEGRAPHCointelegraph by William Suberg

Bitcoin eyes new August lows as Binance longs face ‘cleanout’

Bitcoin futures open interest on Binance fell alongside the BTC price. Analysis from CryptoQuant flagged mounting pressure specifically on leveraged longs, suggesting that Bitcoin may face new lows in August.

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