If Bitcoin breaks $118,000, the mainstream CEX cumulative short liquidation pressure will reach $945 million.
BlockBeats News, October 27th, according to Coinglass data, if Bitcoin breaks through $11.8, mainstream CEX cumulative short liquidation intensity will reach $945 million.
Conversely, if Bitcoin falls below $11.3, mainstream CEX cumulative long liquidation intensity will reach $964 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 liquidation clusters, that is, intensity.
Therefore, the liquidation chart shows to what extent the price of the underlying asset will be affected when it reaches a certain position. A higher "liquidation bar" indicates that the price will have a more intense reaction due to a liquidity cascade when it reaches that level.
You may also like
Gainers
Latest Crypto News
A whale bought 65.65 WBTC the day before liquidation and suffered a loss of $316,000.
Ripple Labs Granted Expansion of Payment Business Operations in Singapore
Arthur Hayes: If Tether holds illiquid assets, any mishap could trigger questions about overcollateralization
The current mainstream CEX and DEX funding rate indicates a weakening bearish market sentiment.
Lawyer's Interpretation of the "1128" Regulation Policy: Focus on Regulating Activities Using Stablecoins for Illegal Foreign Exchange交
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:[email protected]
VIP Services:[email protected]