Bitcoin Setup ‘Ripe’ for a Short Squeeze as Mt. Gox Shifts $850 Million in BTC - Decrypt
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hitting -2.53% on Tuesday. That’s the lowest it’s been since March 2023 Bitcoin Setup ‘Ripe’ for a Short Squeeze as Mt. Gox Shifts $850 Million in BTC Negative perpetual funding rates and a spike in open interest for Bitcoin could hint at a phenomenon known as a "short squeeze," K33 said. Traders ag
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- hitting -2.53% on Tuesday. That’s the lowest it’s been since March 2023
- Bitcoin Setup ‘Ripe’ for a Short Squeeze as Mt. Gox Shifts $850 Million in BTC
- Negative perpetual funding rates and a spike in open interest for Bitcoin could hint at a phenomenon known as a "short squeeze," K33 said.
- Traders aggressively betting on further moves south for Bitcoin could be caught unawares in the coming days and weeks
- research-led digital assets brokerage K33’s latest analysis,
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