Bitcoin bears face $2.6B trap as BTC funding rate drops: Is a short squeeze brewing? Post author:MiamiCrypto Post published:June 5, 2026 Post category:Markets 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? You Might Also Like Trump says US must lead in crypto or risk China’s takeover July 17, 2024 Price analysis 2/1: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, AVAX February 1, 2023 Bitcoin price tags $50K for first time since May August 23, 2021