#bitcoin  Drops 2.5% : Blame the Futures Market

$BTC  was pushing toward $80K… then got slammed back below $78K, no related news, just heavy derivatives selling.

📉 What happened:

~$1.35B in sell pressure hit in hours

Binance alone saw $1.2B in sell volume → Futures traders killed the momentum

⚠ But here’s the twist:

Funding rates are deeply negative (-7%) → shorts are overcrowded

This can fuel a short squeeze if price flips up

💪 Meanwhile, spot market looks strong:

Big holders aren’t dumping

~44K #BTC  moved off exchanges (long-term holding).