If Bitcoin breaks through $115,000, the mainstream CEX cumulative short liquidation pressure will reach $1.749 billion.
BlockBeats News, September 9th, according to Coinglass data, if Bitcoin breaks above $115,000, the cumulative short liquidation intensity of mainstream CEXs will reach $1.749 billion.
Conversely, if Bitcoin falls below $111,000, the cumulative long liquidation intensity of mainstream CEXs will reach $925 million.
BlockBeats Note: The liquidation chart does not display the exact number of contracts to be liquidated or the exact value of contracts being liquidated. The bars on the liquidation chart actually indicate the importance of each liquidation cluster relative to neighboring liquidation clusters, i.e., intensity.
Therefore, the liquidation chart shows to what extent the asset price reaching a certain level will be affected. Higher "liquidation bars" indicate that the price reaching that level will experience a stronger reaction due to a liquidity cascade.
You may also like
Gainers
Latest Crypto News
A trader closed a $18.8 million USD ETH short position at a profit of $909,000 USD
A whale bought 65.65 WBTC the day before liquidation and suffered a loss of $316,000.
Ripple Labs Granted Expansion of Payment Business Operations in Singapore
Arthur Hayes: If Tether holds illiquid assets, any mishap could trigger questions about overcollateralization
The current mainstream CEX and DEX funding rate indicates a weakening bearish market sentiment.
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Services:support@weex.com