PYTH Open Interest Hits $28.5M as Longs Dominate, Holder Count Falls 3,000
PYTH's double-digit rally is leverage-driven: funding favors longs and OI is up 7.8%, but holders are exiting and buy-side liquidity stacks below spot.
▸ · James CorriganPolicy and business correspondent. James tracks regulators, ETF filings and the corporate adoption of crypto — from parliamentary hearings to exchange boardrooms. Former financial newswire reporter with a stubborn habit of reading footnotes.
PYTH's double-digit rally is leverage-driven: funding favors longs and OI is up 7.8%, but holders are exiting and buy-side liquidity stacks below spot.
▸ · James Corrigan
Shiba Inu slid to $0.00000462 as broader altcoin rotation deepened, but two days of exchange outflows hint at a possible base near $0.00000470.
▸ · James Corrigan
KAITO fell 32.8% in a week and 18.7% in a day as perpetual outflows hit $34M and spot sellers moved $16M in 15 days.
▸ · James Corrigan
A new Solana governance proposal, SIMD-0550, targets doubling the network's disinflation rate to strip roughly 18.9M SOL from future issuance.
▸ · James Corrigan
Bitcoin held above $65,000 as rate-hike probability for September fell to 42% and spot ETFs pulled in $853 million, data shows.
▸ · James Corrigan
On-chain data shows BTC supply-in-profit near bottom-discovery levels, but multi-day exchange inflows signal sellers still hold the edge.
▸ · James Corrigan
BTCPay Server confirms live attacks on a critical flaw, pushing v2.4.2 and mass credential rotation for self-hosted BTC nodes.
▸ · James Corrigan
Rarible now lists Solana alongside Ethereum, MegaETH and Base, launching with Claynosaurz and a new Gacha mint mechanic to chase NFT flow.
▸ · James Corrigan
Senate leaves for recess without a Clarity Act vote; Thune queues it for September, leaving a narrow window before midterm politics take over.
▸ · James Corrigan
On-chain data shows large XRP, BTC and ETH cohorts adding supply near cycle lows even as XRP's daily chart stays capped by a death…
▸ · James Corrigan