#futures2 articles

2 articles

CryptoBullishCoinDesk · 13h ago1

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Bitcoin sets up potential short squeeze as funding plunges to -6%

Bitcoin's funding rates have dropped to -6%, indicating heavy short positioning in derivatives markets. Combined with rising open interest and liquidations, this setup suggests potential for a short squeeze if the market moves against bearish positions.

$BTC

CryptoBearishU.Today · 32m ago0

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Shiba Inu Futures Traders Turn Bearish as OI Falls 8%

Shiba Inu futures open interest dropped over 8% in 24 hours to 10.59 trillion SHIB, indicating bearish sentiment among derivatives traders. The decline in open interest suggests traders are closing positions and reducing exposure to SHIB.