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 $58K BTC price still in play? Five things to know in Bitcoin this week March 16, 2026 US recession odds near 50%: Can Bitcoin copy 2020 comeback gains? March 26, 2026 AUSTRAC pulls 45 crypto and remittance registrations in yearlong crackdown September 8, 2026