$1,500,000,000 Liquidation Cascade Waiting for Bitcoin at $72,000, According To Willy Woo

On-chain analyst Willy Woo says there’s a “cascade” of liquidation that’s primed to begin when Bitcoin (BTC) hits $72,000. Woon tells his 1.1 million followers on the social media platform X that $1.5 billion worth of short positions are “ready to be liquidated all the way up to $75,000 and a new all-time high.” Woo […] source: https://dailyhodl.com/2024/06/06/1500000000-liquidation-cascade-waiting-for-bitcoin-at-72000-according-to-willy-woo/