Coinworld News - On March 21, according to Coinglass data, if Bitcoin breaks through $73,000, the cumulative short liquidation intensity across mainstream CEXs will reach $834 million. Conversely, if Bitcoin falls below $69,000, the cumulative long liquidation intensity across mainstream CEXs will reach $940 million. Coinworld Note: The liquidation chart does not display the exact number of contracts to be liquidated or the precise value of liquidated contracts. The bars in the liquidation chart actually display the relative importance of each liquidation cluster compared to adjacent clusters, that is, the intensity. Therefore, the liquidation chart shows to what extent the underlying price reaching a certain level will be impacted. Higher "liquidation bars" indicate that when price reaches that level, a more pronounced reaction will occur due to liquidity waves.

BTC-2.85%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin