Crypto long liquidations reached $101.39 million in four hours on Aug. 23, with Bitcoin accounting for $38.66 million. Over 24 hours, long liquidations totaled $250.57 million out of $339.73 million in total liquidations. Bitcoin futures open interest fell 2.65% to approximately $54.54 billion, while funding rates remained near the 0.01% baseline. US spot Bitcoin ETFs had recorded five consecutive sessions of inflows, including $307.5 million on Aug. 21, before the creation channel closed for the weekend.
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