According to a report by Jinse Finance and data from Coinglass, if Bitcoin falls below $103,000, the cumulative long order liquidation intensity of mainstream CEX will reach $521 million.
Conversely, if Bitcoin breaks through 105,000 USD, the cumulative short order liquidation intensity on mainstream CEX will reach 301 million.
Note: The liquidation chart does not display the exact number of contracts pending liquidation or the exact value of liquidated contracts. The bars on the liquidation chart actually represent the significance, or strength, of each liquidation cluster relative to nearby liquidation clusters.
Therefore, the liquidation chart shows to what extent the underlying price will be affected when it reaches a certain position. A higher "liquidation pillar" indicates that there will be a stronger reaction due to the liquidity wave once the price reaches that point.
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If Bitcoin falls below $103,000, the cumulative long order liquidation intensity of mainstream CEX will reach 521 million.
According to a report by Jinse Finance and data from Coinglass, if Bitcoin falls below $103,000, the cumulative long order liquidation intensity of mainstream CEX will reach $521 million. Conversely, if Bitcoin breaks through 105,000 USD, the cumulative short order liquidation intensity on mainstream CEX will reach 301 million. Note: The liquidation chart does not display the exact number of contracts pending liquidation or the exact value of liquidated contracts. The bars on the liquidation chart actually represent the significance, or strength, of each liquidation cluster relative to nearby liquidation clusters. Therefore, the liquidation chart shows to what extent the underlying price will be affected when it reaches a certain position. A higher "liquidation pillar" indicates that there will be a stronger reaction due to the liquidity wave once the price reaches that point.