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If Bitcoin surpasses $117,000, the mainstream CEX total short liquidation volume will reach 533 million.
BlockBeats News, September 14th, according to Coinglass data, if Bitcoin breaks through $11.7, mainstream CEX's total short liquidation strength will reach 533 million.
On the contrary, if Bitcoin falls below $11.4, mainstream CEX's total long liquidation strength will reach 656 million.
BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of the contracts being liquidated. The bars on the liquidation chart actually show the importance of each liquidation cluster relative to the adjacent liquidation cluster, that is, the strength.
Therefore, the liquidation chart shows to what extent the asset price will be affected when it reaches a certain position. A higher "liquidation bar" indicates that the price will have a stronger reaction due to a liquidity cascade once it reaches that point.
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