A potential insider whale or a gambler initiated a $102.9 million short position on $BTC with 40x leverage today. Should Bitcoin rise to $64,900, that position will be liquidated in its entirety.
UPDATE: A new CLARITY Act draft has been released, merging the Senate Banking and Agriculture Committee versions and adding an ethics provision for the first time.
A motion to proceed is expected Monday or Tuesday, with a possible floor vote the week of August 3.