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 Asia’s first inverse Bitcoin ETF to launch in Hong Kong amid crypto market volatility July 22, 2024 Alphabet stock hits $350 record as investors brace for Q4 earnings February 3, 2026 Bitcoin options data shows bulls aiming for $17K BTC price by Friday’s expiry December 7, 2022