CryptoBullishBlockonomi · 6h ago7/10
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Bitcoin Exchange Supply Drops as Shorts Increase Pressure
Bitcoin exchange reserves have declined by 100,000 BTC since mid-February, with net outflows reaching -$582 million in just two days. Simultaneously, funding rates have turned negative at -0.253%, indicating a surge in short positions that could set up a potential short squeeze if price momentum continues upward.
$BTC