Coin Market Bitcoin bears face $2.6B trap as BTC funding rate drops: Is a short squeeze brewing? Published 5 months ago on June 5, 2026 By 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? Related Topics: Trending Near Videos4 days ago NEAR is building a universal liquidity layer. Technology5 days ago Tin Men Capital leads US$7.4M Series A for Vision AI startup Ailytics to expand across APAC, US and Gulf Technology4 days ago TrueLoyal® Appoints Erica Thompson as Head of Loyalty Technology5 days ago OASE+ and Elsevier Agree Next-Phase Read and Publish Agreement to Expand Open Access Publishing in Japan Technology3 days ago SPS Releases New Report on Turning Workplace Data and AI into a Competitive Advantage Coin Market3 days ago Bitcoin ETFs claw back $110M after $774M exit