If Bitcoin drops below $114,000, the mainstream CEX long liquidation pressure will reach $1.78 billion
BlockBeats News, July 25th, according to Coinglass data, if Bitcoin falls below $114,000, the cumulative long liquidation intensity of mainstream CEXs will reach $1.78 billion.
On the other hand, if Bitcoin surpasses $117,000, the cumulative short liquidation intensity of mainstream CEXs will reach $1.09 billion.
BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of the contracts to be liquidated. The bars on the liquidation chart actually represent the relative importance of each liquidation cluster to neighboring liquidation clusters, i.e., intensity.
Therefore, the liquidation chart shows to what extent the price of the underlying asset will be affected when it reaches a certain level. A higher "liquidation bar" indicates that the price, when reached, will react more strongly due to a liquidity cascade.
You may also like
Gainers
Latest Crypto News
In the past 24 hours, the entire network liquidated $376 million, with the majority coming from the largest short position
The probability of a 25 basis point interest rate cut by the Federal Reserve in December is currently at 87.2%.
Trump: Will Announce New Fed Chair in Early Next Year
Coinbase International Site to Launch DASH Perpetual Contract Trading
A whale has deposited 1.01 million USDC into Hyperliquid to leverage 10x long on HOOD.
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:[email protected]
VIP Services:[email protected]