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Token Metrics Daily Pulse · Yesterday · 5 min

Bitcoin jumped 8% and leveraged shorts got caught

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 🔔 Subscribe for daily crypto market updates! ⚠️ Disclaimer: This content is for educational purposes only and does not constitute investment advice. Always do your own research. #crypto #bitcoin #ethereum #dailypulse #tokenmetrics Sign up for the Daily Pulse at tokenmetrics.com

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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

🔔 Subscribe for daily crypto market updates!

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

#crypto #bitcoin #ethereum #dailypulse #tokenmetrics

Sign up for the Daily Pulse at tokenmetrics.com
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