UTXO’s Duke Waldrop: Bank of Japan “Liquidity Shock” Could Impact Bitcoin
▶ Bitcoin Magazine UTXO’s Duke Waldrop: Bank of Japan “Liquidity Shock” Could Impact Bitcoin Ahead of Fed and BOJ rate calls, Duke Waldrop explains how yen carry unwinds hit 24/7 Bitcoin liquidity and why Metaplanet trading below NAV is an opportunity. This post UTXO’s Duke Waldrop: Bank of Japan
Source: Bitcoin Magazine
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DW NOTE
The BOJ meets this week while macro funds carry yen liabilities against assets priced in dollars. When the yen reprices, those positions unwind — and Bitcoin trades 24/7 while equities don't. Waldrop is describing why Bitcoin becomes the emergency exit for leveraged positions that can't wait for New York to open.