---
title: "Bitcoin Open Interest Collapses to 12%. Is the Short Squeeze Over?"
url: https://thecoingazette.com/bitcoin-open-interest-collapses-to-12-is-the-short-squeeze-over/
date: 2026-08-25
modified: 2026-08-25
lang: en
author: "Coin Gazette Editorial"
description: "Crypto-margined Bitcoin futures have collapsed from near-total dominance to about 12%. But leveraged traders are still placing big bets."
categories:
  - "Markets"
word_count: 19
---

# Bitcoin Open Interest Collapses to 12%. Is the Short Squeeze Over?

Crypto-margined Bitcoin futures have collapsed from near-total dominance to about 12%. But leveraged traders are still placing big bets.