If Bitcoin drops below $91,000, the cumulative liquidation strength of mainstream CEX long positions will reach 972 million.

robot
Abstract generation in progress

On December 10, according to Coinglass data, if Bitcoin falls below $91,000, the cumulative long liquidation intensity on major CEXs will reach 972 million. Conversely, if Bitcoin breaks above $94,000, the cumulative short liquidation intensity on major CEXs will reach 612 million. 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 liquidation chart represent the relative importance of each liquidation cluster to nearby clusters, i.e., the intensity. Therefore, the chart shows how much the price of the underlying asset will be affected when it reaches certain levels. Higher “liquidation bars” indicate that once the price reaches that level, it will trigger a more intense reaction due to liquidity waves.

BTC-1.1%
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
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)