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Mainstream CEX Liquidation Intensity to Reach $4.39 Billion if Bitcoin Breaks $93,000
Summary: According to Coinglass data, if Bitcoin breaks $93,000, the cumulative short liquidation intensity of mainstream CEX will reach $4.39 billion. Conversely, if Bitcoin falls below $91,000, the cumulative long liquidation intensity of mainstream CEX will reach $4.55 billion. Note: The liquidation chart does not show the exact number of contracts to be liquidated or the ...
According to Coinglass data, if Bitcoin breaks $93,000, the cumulative short liquidation intensity of mainstream CEX will reach $4.39 billion.
Conversely, if Bitcoin falls below $91,000, the cumulative long liquidation intensity of mainstream CEX will reach $4.55 billion.
Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of contracts to be liquidated. The bars on the liquidation chart actually show the importance of each liquidation cluster relative to adjacent liquidation clusters, that is, intensity.
Therefore, the liquidation chart shows to what extent the target price will be affected when it reaches a certain position. Higher liquidation bars indicate that the price will have a stronger reaction due to the liquidity surge.
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Link: Mainstream CEX Liquidation Intensity to Reach $4.39 Billion if Bitcoin Breaks $93,000 [Copy]
