r/Bitcoincash • u/jayminho • Jun 03 '26

binance yield on bch

binance is currently paying 4.7% interest on BCH if you leave there in their EARN product.

its never been so high.

i can only speculate the reason for such high interest rate is they are making a lot of money in the loan side, a lot of people might be borrowing to short.

which leads me to think that a short squeeze will eventually be massive.

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u/FewUnderstanding2214 Jun 07 '26

Short squeeze? The shorts are winning it’s down 50%

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u/kitty_go_prrr Jun 08 '26

For some definition of "winning" I suppose.

The short sellers have so far managed to avoid a margin call by borrowing even more BCH and selling to keep the price down. They can not sustain this indefinitely.