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The Daily Hodl 2024-06-16 07:04:34

Here’s What’s Driving the Current Bitcoin (BTC) Correction, According to On-Chain Analyst Willy Woo

Popular on-chain analyst Willy Woo is breaking down the drivers powering the current Bitcoin (BTC) drawdown. Woo tells his 1.1 million followers on the social media platform X that Bitcoin OGs, or early, long-term BTC holders, are heavily unloading their stacks. The analyst shares a chart showing that BTC’s coin days destroyed metric is on The post Here’s What’s Driving the Current Bitcoin (BTC) Correction, According to On-Chain Analyst Willy Woo appeared first on The Daily Hodl .

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