Bitcoin short squeeze coming

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One-day wipeout sees crypto shorts lose $m � and another big squeeze is coming Monday was hard on short sellers of crypto stocks, with $ An analyst has warned that bitcoin short leveraged positions are vulnerable as the digital asset surpasses the $ mark. Bitcoin BTC % itself rose to $33, in New York afternoon trading, according to CoinGecko. It ended Friday at $29, and crossed the.

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Funding rates refer to costs associated with holding bullish or bearish bets in perpetual swaps futures with no expiry. Short sellers borrow shares, sell them in the market, then buy them back and return them when the price goes down. This can lead to a so-called squeeze, when short sellers accelerate the increase of an already increasing asset as they cover losses. Mon - Wed, March 18 - 20,