Bitcoin bears face $2.6B trap as BTC funding rate drops: Is a short squeeze brewing?
Bitcoin bears piled into short positions as BTC price slid to $60,000. Will the $2.6 billion in short leverage lead to an upside squeeze?
CoinTelegraph — 5 June 2026
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Bitcoin bears piled into short positions as BTC price slid to $60,000. Will the $2.6 billion in short leverage lead to an upside squeeze?
This report comes from CoinTelegraph. The story centres on Bitcoin bears face $2.6B trap as BTC funding rate drops: Is a short squeeze brewing?. Full coverage and background context is available at the original source. Readers seeking more detail on this developing topic are encouraged to follow updates from CoinTelegraph and related outlets covering this beat.
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