If Bitcoin breaks through $96,000, the cumulative short order liquidation intensity of mainstream CEX will reach 1.168 billion
according to Coinglass data, if Bitcoin breaks through $96,000, the cumulative liquidation intensity of mainstream CEX will reach $1.168 billion. Conversely, if Bitcoin falls below $94,000, the cumulative long liquidation intensity of mainstream CEX will reach $449 million.
Note: The liquidation chart does not show the exact number of contracts to be liquidated, or the exact value of contracts to be liquidated. The bars on the liquidation chart actually show the importance of each liquidation cluster relative to neighboring liquidation clusters, that is, intensity. Therefore, the liquidation chart shows to what extent the target price will be affected when it reaches a certain position. Higher "liquidation bars" indicate that the price will generate a stronger reaction due to the liquidity surge after it reaches that point.
Therefore, the liquidation chart shows to what extent the target price will be affected when it reaches a certain position. Higher "liquidation bars" indicate that the price will generate a stronger reaction due to the liquidity surge after it reaches that point.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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