If Bitcoin surpasses $115,000, the mainstream CEX total short liquidation volume will reach $1.642 billion.
BlockBeats News, August 22nd, according to Coinglass data, if Bitcoin breaks through $115,000, the cumulative short liquidation strength of mainstream CEXs will reach $1.642 billion.
Conversely, if Bitcoin falls below $111,000, the cumulative long liquidation strength of mainstream CEXs will reach $1.232 billion.
BlockBeats Note: The liquidation chart does not show the exact number of contracts awaiting liquidation 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, i.e., the strength.
Therefore, the liquidation chart shows to what extent the asset price will be affected when it reaches a certain level. A higher "liquidation bar" indicates that the price reaching that level will trigger a more intense reaction due to a liquidity cascade.
You may also like
Gainers
Latest Crypto News
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
ShieldWall: In November, there were approximately 15 major crypto hacking incidents, with a total loss exceeding $190 million.
Arthur Hayes on Today's Plunge: Bank of Japan Hints at Rate Hike
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:[email protected]
VIP Services:[email protected]