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

CryptoInfo Editorial Team · Published on August 14, 2026 at 10:43 · Updated on August 14, 2026 · 1 min read

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Key Takeaways

→Bitcoin futures open interest on Binance fell alongside BTC price
→Analysis flags mounting pressure on leveraged longs, potentially leading to a 'cleanout' of long positions

Disclaimer: This content is provided for informational purposes only and does not constitute financial or investment advice.

According to analysis published on CryptoQuant and reported by CoinTelegraph, Bitcoin futures open interest on Binance fell alongside the BTC price.

This drop in open interest comes as analysis flags mounting pressure on leveraged longs, potentially leading to a 'cleanout' of long positions.

The decrease in futures open interest on Binance suggests that traders are reducing their exposure to Bitcoin, which could contribute to the downward pressure on the price.

Source: CoinTelegraph ↗

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