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2026-08-20：Treasury Debt Buybacks Ignite $517M ETF Inflow, Triggering a Liquidity-Driven Short Squeeze
Bitcoin just surged past $71,600, but the real story may be hiding in the liquidity underneath it. A $517.2 million ETF wave collided with Treasury buybacks, while $2.7 billion in short positions disappeared almost overnight. Ethereum is preparing an upgrade designed to break legacy infrastructure and build a new technical moat. Chainlink is absorbing roughly $15 billion migrating away from LayerZero, raising a difficult question for ZRO holders: is this a temporary rotation or a permanent loss of revenue? And why did Cardano rally ten percent as its DeFi TVL collapsed 16.17 percent? Add…
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