Renowned on-chain analyst Ali has made a bold prediction, stating that a significant liquidation event is looming over Binance if Bitcoin manages to surpass the $66,900 mark. Ali’s analysis indicates that a staggering $62 million is expected to be liquidated from this particular cryptocurrency exchange once this price level is achieved. Supporting this claim, recent data reveals that within the past 24 hours alone, Bitcoin’s long positions were liquidated, resulting in a loss of $36.1 million, while short positions suffered a liquidation worth $8.41 million.