Data: If Bitcoin falls below $86,000, the cumulative long liquidation intensity on mainstream CEX will reach $648 million

2025-03-28 09:30:44

Collection

ChainCatcher news, according to Coinglass data, if Bitcoin falls below $86,000, the cumulative long liquidation intensity on major CEXs will reach $648 million.

Conversely, if Bitcoin breaks above $88,000, the cumulative short liquidation intensity on major CEXs will reach $515 million.

Note: The liquidation chart does not display the exact number of contracts to be liquidated or the exact value of the contracts being liquidated. The bars on the liquidation chart actually show the significance of each liquidation cluster relative to nearby liquidation clusters, i.e., intensity.

Therefore, the liquidation chart illustrates 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 point, there will be a stronger reaction due to liquidity waves.

(Source Link)

Related tags

Bitcoin

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.