BlockBeats News, February 27 — According to Coinglass data, if Bitcoin drops below $65,000, the total liquidation strength of long positions on major centralized exchanges (CEX) will reach 1.028 billion.
Conversely, if Bitcoin breaks above $69,000, the total liquidation strength of short positions on major CEXs will reach 1.012 billion.
BlockBeats Note: The liquidation chart does not display the exact number of contracts pending liquidation or the precise value of contracts being liquidated. The bars on the chart represent the relative importance of each liquidation cluster compared to nearby clusters, i.e., the intensity.
Therefore, the liquidation chart shows how much impact the price reaching a certain level will have. Higher “liquidation bars” indicate that once the price hits that level, there will be a stronger reaction due to liquidity waves.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Whale “set 10 big targets first” opens a 3x BTC short position, with a position value of $1.76M
Gate News message. On April 8, on-chain monitoring shows that whale users started 3x BTC short positions after “locking in 10 big targets,” with a position value of $1.76M.
GateNews5m ago
Humpback whales use the U.S.-Iran ceasefire for precise trading: Bitcoin longs and crude oil shorts both profit $5 million
A trader made about $5 million in a short period before the U.S.-Iran ceasefire agreement by rapidly profiting through simultaneously building leveraged positions in both the oil market and the crypto market. This operation highlights the high-risk, high-reward nature of leveraged trading, reflects how geopolitics can impact markets, and reminds investors to maintain strong risk-management awareness.
GateNews29m ago
Price predictions 4/6: SPX, DXY, BTC, ETH, BNB, XRP, SOL, DOGE, HYPE, ADA
Key points:
Bitcoin rose above the $70,000 level on Monday, but analysts remain skeptical, expecting a drop below the $60,000 support.
Several major altcoins have bounced off their supports, indicating demand at lower levels.
Buyers pushed Bitcoin (BTC) above the $70,000 level, but
Cointelegraph33m ago
