📰 Binance Traders Bet Against Bitcoin’s Bullish Momentum

Key Insight: A significant number of traders on Binance are increasing short positions even though Bitcoin remains strong—ranging between $100K–$110K. Funding rates are dropping, which typically indicates more bearish bets. If trends reverse unexpectedly, these short positions could get liquidated, triggering a sharp upside squeeze .

Market Stats (today):

BTC price is hovering around $108,450 (+0.31%)

24‑hr trading volume surged ~162.5% to $57.45 billion

Derivatives open interest climbed ~3.4% to $74.9 billion

High options volume (~ $2.61 billion) signals raised volatility

Why it matters:

Shorts building up against a rising BTC often set the stage for a powerful short squeeze—where forced liquidations fuel further price spikes. Since Binance has the largest trading volume, this trend could reflect broader market sentiment

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