BTR +174% to $0.081: OI Jumps 532%, Shorts Squeezed

BTR's 174% Move Started From a Deep Low

BTR went from a 24-hour low of $0.02933 to a high of $0.0868, and it closed the window near the top at $0.081 on Binance. That is a gain of roughly 174% in one day, with the price tripling off the low before buyers stepped in. Trading volume across venues reached about $181 million, with Binance alone clearing $115.8 million. This is not a slow grind. The move compressed hours of normal trading into a single session, and the tape shows most of the buying arrived after the price broke above $0.05.

Coins that triple this fast usually leave a trail of broken leverage behind them. BTR is no exception. The liquidation feed for the last 24 hours shows $1.12 million in forced closes, and 94% of that total was shorts. Longs gave up only about $67,000. A squeeze of that shape means the rally was at least partly mechanical: sellers who bet against the move were forced to buy back at higher prices, which fed the push higher.

OI Jumps 532% as Leverage Piles Into Binance

Open interest across the six venues tracking BTR futures rose 532.6% in 24 hours to $38.19 million. Binance holds the largest slice at $20.6 million, about 54% of the total, and its own OI grew 509.5% on the day. Bybit added $7.8 million, up 516%, while KuCoin contributed $3.89 million. The most extreme growth came from Aster, whose book expanded from almost nothing to $2.45 million, and MEXC, up 849% to $1.83 million.

OI growing this fast while the price is near its high usually means new longs are opening, not that existing traders are doubling down. When a book triples in a day, the marginal buyer is momentum-driven. That matters because it raises the bar for the next leg: the same leverage that powered the move can unwind just as quickly if the price stalls.

Funding Turned Positive After the Squeeze

Funding across BTR venues flipped positive, with the average rate at about 0.0021% per interval. Bybit leads at 0.0095%, roughly five times the average, while Binance sits near 0.0015%. Positive funding means longs are now paying shorts to hold their positions, the standard cost of a crowded long trade. Before this move, funding on most venues was near zero or negative, which was one reason shorts felt safe adding size.

The rate divergence between Bybit and the rest of the market is worth watching. A funding rate that far above the pack often marks the point where a rally starts to lose fresh buyers. It does not predict the top, but it does tell you that new longs are paying a premium to enter, and that premium only gets paid while conviction stays high.

What the Squeeze Leaves Behind

The practical takeaway is about position sizing, not about chasing this token. A 174% daily move with a 532% OI jump is the kind of setup where late entries face the worst risk-reward: funding is positive, leverage is at record levels for the token, and the liquidation side that powered the move has already been cleared out. Shorts paid 94% of the $1.12 million liquidated, so the squeeze fuel is largely spent. Watch the $0.0868 high as resistance and the $0.05 area as the first major support if the price gives back ground. A drop below that zone would put the OI build under pressure fast.

Data as of 14:00 Beijing time on August 26, covering Binance, OKX, Bybit, Hyperliquid, Gate, Bitget and other major exchanges.