Data: If BTC surpasses $116,195, the cumulative short liquidation intensity on major CEXs will reach $2.08 billions.
According to ChainCatcher, citing data from Coinglass, if BTC surpasses $116,195, the cumulative short liquidation intensity on major CEXs will reach $2.08 billions. Conversely, if BTC falls below $105,247, the cumulative long liquidation intensity on major CEXs will reach $1.82 billions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Swedish payment giant Klarna's first stablecoin, KlarnaUSD, has been launched ahead of schedule
Bitcoin OG opens 5x ETH short position worth $15.04 million
Current mainstream CEX and DEX funding rates indicate the market remains broadly bearish

The Crypto Fear Index rises to 28, escaping the "Extreme Fear" zone
