The post Bitcoin: Short liquidations hit $736 mln as BTC rebounds to $70K: Squeeze brewing? appeared on BitcoinEthereumNews.com.

Derivatives deleveraging signals sentiment reset near $70K Bitcoin Funding Rates expanded alongside price recoveries, reflecting growing long dominance as sentiment strengthened. As the price advanced toward $100,000 in 2025, funding spiked between 0.05% and 0.08%, signaling euphoric leverage expansion. Thereafter, rates gradually compressed while prices consolidated, indicating cooling momentum and reduced speculative excess. Source: CryptoQuant Into early 2026, funding trended lower and periodically flipped negative as the price retraced toward $60,000. This shift reflected short overcrowding, as bearish traders paid premiums to maintain exposure. Meanwhile, Open Interest peaked near $45 billion during the rally, then declined sharply toward $22 billion, confirming large-scale leverage destruction. Source: CryptoQuant As positions unwound, forced covering fueled reflexive rebounds, lifting Bitcoin back near $73,000. Funding then stabilized near neutral, implying sentiment normalization. This compression signaled a leverage reset, which historically supported stabilization when spot demand sustained recovery momentum. Final Thoughts Bitcoin’s position below $73,000 ultimately reflected stressed sentiment and investor losses, yet history showed that reclaiming this level often marked the transition into recovery phases. At the same time, liquidation waves and leverage resets revealed positioning had already flushed, leaving the market structurally healthier and primed for a rebound if demand returned. Source: https://ambcrypto.com/bitcoin-short-liquidations-hit-736-mln-as-btc-rebounds-to-70k-squeeze-brewing/

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Filed under: News - @ February 15, 2026 11:02 pm