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Token Metrics Daily Pulse

Token Metrics Daily Pulse

Bitcoin jumped 8% and leveraged shorts got caught

Token Metrics Daily Pulse · Aug 20, 2026 · 5:38

0:005:38

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Bitcoin jumped 7.9% to $69,249 and Ether 19.3% as Treasury buybacks pushed money back into risk assets. Leveraged shorts got caught. Stablecoin supply is flat, so treat it as a bounce, not a turn.

Today's key developments:
• Nethermind quit LayerZero's verifier network and joined Chainlink.
• Jim Chanos says there's still $80B of arbitrage in shorting MSTR.
• Base App launched Hyperliquid-powered perps with up to 50x leverage.


📰 Read the full Daily Pulse: https://pulse.tokenmetrics.com/p/bitcoin-jumped-8-and-leveraged-shorts-got-caught-aug-19-2026?utm_source=spreaker&utm_medium=audio&utm_campaign=daily_pulse_podcast

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⚠️ Disclaimer: This content is for educational purposes only and does not constitute investment advice. Always do your own research.

#crypto #bitcoin #ethereum #dailypulse #tokenmetrics

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