If Bitcoin surpasses $120,000, the mainstream CEX cumulative short liquidation intensity will reach $1.503 billion
BlockBeats News, July 19th, according to Coinglass data, if Bitcoin breaks through $120,000, the cumulative short liquidation intensity of mainstream CEXs will reach $1.503 billion.
Conversely, if Bitcoin falls below $116,000, the cumulative long liquidation intensity of mainstream CEXs will reach $1.310 billion.
BlockBeats 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 represent the importance of each liquidation cluster relative to adjacent liquidation clusters, i.e., intensity.
Therefore, the liquidation chart shows to what extent reaching a certain price level will have an impact. A higher "liquidation bar" indicates that the price reaching that level will elicit a more intense reaction due to a liquidity cascade.
You may also like
Gainers
Latest Crypto News
Unlimit Launches Stablecoin Decentralized Clearing Platform Stable.com
Crypto KOL paulwei has publicly shared his live trading on Hyperliquid, and recently placed a buy order in pyramid pattern to go long on BTC.
Monad Chain Meme Coin CHOG Recovers from Yesterday's Decline, Registers Nearly 60% Gain in 24 Hours
Securities and Futures Commission (SFC) Warns of Suspicious Investment Products "9M AI Stable Fund" and "9M AI Strategy Fund"
Shield Protocol: User deltatiger.eth has been attacked, losing approximately $330,000
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:[email protected]
VIP Services:[email protected]