Bitcoin Sees -$582M in Exchange Netflow as Funding Rate Flips Negative: Short Squeeze Incoming?

thecryptobasic2026-04-10 16:01:35

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Bitcoin Sees -$582M in Exchange Netflow as Funding Rate Flips Negative: Short Squeeze Incoming?

Bitcoin is seeing large exchange outflows, as funding rate flips negative, increasing the chances of a potential short squeeze. Bitcoin (BTC) has shown a strong recovery over the past week, climbing from $66,900 on April 3 to around $73,000 after reclaiming $70,000 two days ago.

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