Data: If Bitcoin surpasses $89,000, the cumulative short liquidation intensity on major CEXs will reach $1.097 billion.
According to ChainCatcher, if bitcoin breaks through $89,000, the cumulative short liquidation intensity on major CEXs will reach 1.097 billions. Conversely, if bitcoin falls below $85,000, the cumulative long liquidation intensity on major CEXs will reach 816 millions.
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 liquidation chart actually show the relative importance, or intensity, of each liquidation cluster compared to adjacent clusters. Therefore, the chart demonstrates the extent to which the underlying price reaching a certain level will be affected. A higher "liquidation bar" indicates that once the price reaches that level, there will be a stronger reaction due to a wave of liquidity.
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
Trending news
MoreA newly created wallet deposited 2.5 million USDC into HyperLiquid and opened a 10x leveraged short position on HYPE.
Data: In the past 24 hours, total liquidations across the network reached $285 millions, with long positions liquidated for $60.0871 millions and short positions liquidated for $225 millions.
