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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.

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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.

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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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