If Bitcoin drops below $114,000, the mainstream CEX long liquidation pressure will reach 737 million.
BlockBeats News, September 15th, according to Coinglass data, if Bitcoin falls below $114,000, the cumulative long liquidation intensity on mainstream CEXs will reach $737 million.
Conversely, if Bitcoin surpasses $116,000, the cumulative short liquidation intensity on mainstream CEXs will only be $65.35 million.
BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to adjacent clusters, i.e., intensity.
Therefore, the liquidation chart shows to what extent the price of the underlying asset will be impacted when it reaches a certain level. A higher "liquidation bar" indicates that the price will experience a more intense reaction due to a liquidity cascade once it reaches that level.
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]