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 urges Fed to lower rates, but strong jobs data makes a cut in June less likely May 2, 2025 Eric Trump calls Bitcoin a top store of value and a powerful hedge against real estate April 1, 2025 Bybit’s daily trading volume soars to 100 billion August 7, 2024