{"id":38949,"date":"2026-03-24T10:00:44","date_gmt":"2026-03-24T10:00:44","guid":{"rendered":"https:\/\/cryptomag.finance\/?p=38949"},"modified":"2026-03-24T10:00:44","modified_gmt":"2026-03-24T10:00:44","slug":"bitcoin-shorts-squeezed-out-44m-as-spot-demand-stays-weak","status":"publish","type":"post","link":"https:\/\/cryptomag.finance\/?p=38949","title":{"rendered":"Bitcoin Shorts Squeezed Out $44M As Spot Demand Stays Weak"},"content":{"rendered":"<p>Over $44 million in short positions were wiped out on Binance in a single hour Monday \u2014 the largest one-hour short liquidation since February 6 \u2014 yet the price surge it helped trigger drew little enthusiasm from actual buyers.<\/p>\n<h2>Futures Chaos, Not Fresh Money, Lifted BTC<\/h2>\n<p>Bitcoin climbed to a weekly high of $71,801 on Binance during the US market session, pushed higher largely by forced closures of short positions rather than new capital entering the market.<\/p>\n<p>Aggregated open interest across Bitcoin <a href=\"https:\/\/finance.yahoo.com\/quote\/BTC%3DF\/\" target=\"_blank\" rel=\"noopener nofollow\">futures<\/a> fell by roughly 9,700 BTC \u2014 a 3.5% drop \u2014 over 13 hours while prices rose. When open interest falls during a rally, it typically means traders are exiting positions, not adding them. That\u2019s not the signature of a confident bull run.<\/p>\n<p>The <a href=\"https:\/\/www.coinglass.com\/pro\/i\/coinbase-bitcoin-premium-index\" target=\"_blank\" rel=\"noopener nofollow\">Coinbase premium<\/a>, which tracks whether US buyers are paying above or below the global average price, stayed negative throughout the move. Reports indicate limited spot demand from US participants during the entire rally window.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"aligncenter size-full wp-image-888623\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/03\/A.jpg_91a3e6.png?resize=1024%2C558\" alt=\"\" width=\"1024\" height=\"558\" loading=\"lazy\" \/><\/p>\n<h2>Binance Volumes Sink To Bear Market Levels<\/h2>\n<p>The broader picture looks just as thin. According to crypto analyst Darkfost, March is on pace to record the lowest <a href=\"https:\/\/cryptoquant.com\/insights\/quicktake\/69c118ef8d720a25909cba51-Binance-BTC-spot-volume-drops-to-52B-lowest-since-the-2023-Bear-market\" target=\"_blank\" rel=\"noopener nofollow\">Binance spot volume<\/a> since the third quarter of 2023 \u2014 around $52 billion, compared to $88 billion that September.<\/p>\n<p>That September figure itself came during a period widely characterized as a bear market. Exchange flow data tells a similar story: seven-day cumulative flows on Binance hit their lowest point since 2024, based on data reported by analyst Arab Chain.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"wp-image-888626 size-full\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/03\/A.jpg_844697.png?resize=1024%2C578\" alt=\"\" width=\"1024\" height=\"578\" loading=\"lazy\" \/><\/p>\n<p>Coinbase flows held relatively steady by comparison, suggesting longer-term holders are maintaining activity while shorter-term traders pull back.<\/p>\n<p>The trigger for Monday\u2019s price action was a news report that US President Donald Trump had paused plans for <a href=\"https:\/\/www.bbc.com\/news\/live\/cn8dldl0jx9t\" target=\"_blank\" rel=\"noopener nofollow\">military strikes<\/a> on Iran\u2019s energy infrastructure, citing diplomatic progress. Iran\u2019s foreign ministry quickly denied that any such talks had taken place. BTC still rallied on the headline.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.tradingview.com\/x\/2zFWSJyG\/\" alt=\"\" width=\"1815\" height=\"877\" loading=\"lazy\" \/><br \/>\nWhale Activity Flashes An Unusual Signal<\/p>\n<p>One data point stands apart from the rest. A market analyst identified a record spike in what\u2019s called whale inflow momentum \u2014 a measure of how fast large amounts of Bitcoin are being moved onto exchanges.<\/p>\n<p>The current reading of 74 is higher than any point in the past 11 years. The last time it exceeded this level was in 2015, when it hit 124.<\/p>\n<p>High whale inflows don\u2019t automatically signal selling. But reports note the elevated pace points to aggressive capital rotation and hedging among large holders, which could make Bitcoin\u2019s price more sensitive to short-term swings in the weeks ahead.<\/p>\n<p>For now, the rally stalled around the <a href=\"https:\/\/www.coingecko.com\/en\/coins\/bitcoin\" target=\"_blank\" rel=\"noopener nofollow\">$71,000 to $72,000<\/a> range, with no clear indication that the demand needed to push meaningfully beyond it has arrived.<\/p>\n<p><em>Featured image from zoranm\/Men\u2019s Health, chart from TradingView<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>Over $44 million in short positions were wiped out on Binance in a single hour Monday \u2014 the largest one-hour short liquidation since February 6 \u2014 yet the price surge it helped trigger drew little enthusiasm from actual buyers. Futures Chaos, Not Fresh Money, Lifted BTC Bitcoin climbed to a weekly high of $71,801 on [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":38950,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[45],"tags":[],"class_list":{"0":"post-38949","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bitcoin Shorts Squeezed Out $44M As Spot Demand Stays Weak - Cryptomag<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptomag.finance\/?p=38949\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Shorts Squeezed Out $44M As Spot Demand Stays Weak - Cryptomag\" \/>\n<meta property=\"og:description\" content=\"Over $44 million in short positions were wiped out on Binance in a single hour Monday \u2014 the largest one-hour short liquidation since February 6 \u2014 yet the price surge it helped trigger drew little enthusiasm from actual buyers. Futures Chaos, Not Fresh Money, Lifted BTC Bitcoin climbed to a weekly high of $71,801 on [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptomag.finance\/?p=38949\" \/>\n<meta property=\"og:site_name\" content=\"Cryptomag\" \/>\n<meta property=\"article:published_time\" content=\"2026-03-24T10:00:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptomag.finance\/wp-content\/uploads\/2025\/06\/generic-crypto-image.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"560\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Crypto Magazine\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptomagz\" \/>\n<meta name=\"twitter:site\" content=\"@cryptomagz\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Crypto Magazine\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=38949#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=38949\"},\"author\":{\"name\":\"Crypto Magazine\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/#\\\/schema\\\/person\\\/f749cd846c4f13ef717c12a20ce9d040\"},\"headline\":\"Bitcoin Shorts Squeezed Out $44M As Spot Demand Stays Weak\",\"datePublished\":\"2026-03-24T10:00:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=38949\"},\"wordCount\":449,\"image\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=38949#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cryptomag.finance\\\/wp-content\\\/uploads\\\/A.jpg_91a3e6-8u5Oi3.png\",\"articleSection\":[\"Bitcoin\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=38949\",\"url\":\"https:\\\/\\\/cryptomag.finance\\\/?p=38949\",\"name\":\"Bitcoin Shorts Squeezed Out $44M As Spot Demand Stays Weak - Cryptomag\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=38949#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=38949#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cryptomag.finance\\\/wp-content\\\/uploads\\\/A.jpg_91a3e6-8u5Oi3.png\",\"datePublished\":\"2026-03-24T10:00:44+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/#\\\/schema\\\/person\\\/f749cd846c4f13ef717c12a20ce9d040\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=38949#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/cryptomag.finance\\\/?p=38949\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=38949#primaryimage\",\"url\":\"https:\\\/\\\/cryptomag.finance\\\/wp-content\\\/uploads\\\/A.jpg_91a3e6-8u5Oi3.png\",\"contentUrl\":\"https:\\\/\\\/cryptomag.finance\\\/wp-content\\\/uploads\\\/A.jpg_91a3e6-8u5Oi3.png\",\"width\":1024,\"height\":558},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=38949#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/cryptomag.finance\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitcoin Shorts Squeezed Out $44M As Spot Demand Stays Weak\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/#website\",\"url\":\"https:\\\/\\\/cryptomag.finance\\\/\",\"name\":\"Cryptomag\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/cryptomag.finance\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/#\\\/schema\\\/person\\\/f749cd846c4f13ef717c12a20ce9d040\",\"name\":\"Crypto Magazine\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/2c24e7a3322cdb9140c7dde381c870ae2c527e0dc5af67ed7a7db042bb2e1d14?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/2c24e7a3322cdb9140c7dde381c870ae2c527e0dc5af67ed7a7db042bb2e1d14?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/2c24e7a3322cdb9140c7dde381c870ae2c527e0dc5af67ed7a7db042bb2e1d14?s=96&d=mm&r=g\",\"caption\":\"Crypto Magazine\"},\"sameAs\":[\"https:\\\/\\\/cryptomag.finance\",\"https:\\\/\\\/x.com\\\/cryptomagz\"],\"url\":\"https:\\\/\\\/cryptomag.finance\\\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Bitcoin Shorts Squeezed Out $44M As Spot Demand Stays Weak - Cryptomag","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptomag.finance\/?p=38949","og_locale":"en_US","og_type":"article","og_title":"Bitcoin Shorts Squeezed Out $44M As Spot Demand Stays Weak - Cryptomag","og_description":"Over $44 million in short positions were wiped out on Binance in a single hour Monday \u2014 the largest one-hour short liquidation since February 6 \u2014 yet the price surge it helped trigger drew little enthusiasm from actual buyers. Futures Chaos, Not Fresh Money, Lifted BTC Bitcoin climbed to a weekly high of $71,801 on [&hellip;]","og_url":"https:\/\/cryptomag.finance\/?p=38949","og_site_name":"Cryptomag","article_published_time":"2026-03-24T10:00:44+00:00","og_image":[{"width":1000,"height":560,"url":"https:\/\/cryptomag.finance\/wp-content\/uploads\/2025\/06\/generic-crypto-image.webp","type":"image\/webp"}],"author":"Crypto Magazine","twitter_card":"summary_large_image","twitter_creator":"@cryptomagz","twitter_site":"@cryptomagz","twitter_misc":{"Written by":"Crypto Magazine","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/cryptomag.finance\/?p=38949#article","isPartOf":{"@id":"https:\/\/cryptomag.finance\/?p=38949"},"author":{"name":"Crypto Magazine","@id":"https:\/\/cryptomag.finance\/#\/schema\/person\/f749cd846c4f13ef717c12a20ce9d040"},"headline":"Bitcoin Shorts Squeezed Out $44M As Spot Demand Stays Weak","datePublished":"2026-03-24T10:00:44+00:00","mainEntityOfPage":{"@id":"https:\/\/cryptomag.finance\/?p=38949"},"wordCount":449,"image":{"@id":"https:\/\/cryptomag.finance\/?p=38949#primaryimage"},"thumbnailUrl":"https:\/\/cryptomag.finance\/wp-content\/uploads\/A.jpg_91a3e6-8u5Oi3.png","articleSection":["Bitcoin"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/cryptomag.finance\/?p=38949","url":"https:\/\/cryptomag.finance\/?p=38949","name":"Bitcoin Shorts Squeezed Out $44M As Spot Demand Stays Weak - Cryptomag","isPartOf":{"@id":"https:\/\/cryptomag.finance\/#website"},"primaryImageOfPage":{"@id":"https:\/\/cryptomag.finance\/?p=38949#primaryimage"},"image":{"@id":"https:\/\/cryptomag.finance\/?p=38949#primaryimage"},"thumbnailUrl":"https:\/\/cryptomag.finance\/wp-content\/uploads\/A.jpg_91a3e6-8u5Oi3.png","datePublished":"2026-03-24T10:00:44+00:00","author":{"@id":"https:\/\/cryptomag.finance\/#\/schema\/person\/f749cd846c4f13ef717c12a20ce9d040"},"breadcrumb":{"@id":"https:\/\/cryptomag.finance\/?p=38949#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptomag.finance\/?p=38949"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptomag.finance\/?p=38949#primaryimage","url":"https:\/\/cryptomag.finance\/wp-content\/uploads\/A.jpg_91a3e6-8u5Oi3.png","contentUrl":"https:\/\/cryptomag.finance\/wp-content\/uploads\/A.jpg_91a3e6-8u5Oi3.png","width":1024,"height":558},{"@type":"BreadcrumbList","@id":"https:\/\/cryptomag.finance\/?p=38949#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptomag.finance\/"},{"@type":"ListItem","position":2,"name":"Bitcoin Shorts Squeezed Out $44M As Spot Demand Stays Weak"}]},{"@type":"WebSite","@id":"https:\/\/cryptomag.finance\/#website","url":"https:\/\/cryptomag.finance\/","name":"Cryptomag","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cryptomag.finance\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/cryptomag.finance\/#\/schema\/person\/f749cd846c4f13ef717c12a20ce9d040","name":"Crypto Magazine","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/2c24e7a3322cdb9140c7dde381c870ae2c527e0dc5af67ed7a7db042bb2e1d14?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/2c24e7a3322cdb9140c7dde381c870ae2c527e0dc5af67ed7a7db042bb2e1d14?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/2c24e7a3322cdb9140c7dde381c870ae2c527e0dc5af67ed7a7db042bb2e1d14?s=96&d=mm&r=g","caption":"Crypto Magazine"},"sameAs":["https:\/\/cryptomag.finance","https:\/\/x.com\/cryptomagz"],"url":"https:\/\/cryptomag.finance\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/cryptomag.finance\/index.php?rest_route=\/wp\/v2\/posts\/38949","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptomag.finance\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptomag.finance\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptomag.finance\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptomag.finance\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=38949"}],"version-history":[{"count":0,"href":"https:\/\/cryptomag.finance\/index.php?rest_route=\/wp\/v2\/posts\/38949\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptomag.finance\/index.php?rest_route=\/wp\/v2\/media\/38950"}],"wp:attachment":[{"href":"https:\/\/cryptomag.finance\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=38949"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptomag.finance\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=38949"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptomag.finance\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=38949"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}