Data: If Bitcoin breaks through 64,000 USD, the cumulative short liquidation intensity of mainstream CEX will reach 540 million

2024-09-19 10:33:38
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ChainCatcher news, according to Coinglass data, if Bitcoin breaks through $64,000, the cumulative short liquidation intensity on major CEXs will reach $540 million. Conversely, if Bitcoin falls below $60,000, the cumulative long liquidation intensity on major CEXs will reach $708 million.

Therefore, the liquidation chart shows to what extent the target price will be affected when it reaches a certain position. A higher "liquidation column" indicates that once the price reaches that point, it will trigger a stronger reaction due to liquidity waves.

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