Express
If Bitcoin Falls Below $94,000, Mainstream CEX Long Liquidation Intensity to Reach $1.556 Billion
Summary: According to Coinglass data, if Bitcoin falls below $94,000, the cumulative long liquidation intensity of mainstream CEX will reach $1.556 billion. On the other hand, if Bitcoin surpasses $98,000, the cumulative short liquidation intensity of mainstream CEX will reach $749 million. Note: The liquidation chart does not show the exact number of contracts to be ...
According to Coinglass data, if Bitcoin falls below $94,000, the cumulative long liquidation intensity of mainstream CEX will reach $1.556 billion.
On the other hand, if Bitcoin surpasses $98,000, the cumulative short liquidation intensity of mainstream CEX will reach $749 million.
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 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 generate a stronger reaction due to liquidity waves when it reaches that level.
Tags:
Link: If Bitcoin Falls Below $94,000, Mainstream CEX Long Liquidation Intensity to Reach $1.556 Billion [Copy]
