If Bitcoin rebounds above $112,000, the mainstream CEX cumulative short liquidation pressure will reach $440 million
BlockBeats News, November 2nd, according to Coinglass data, if Bitcoin rebounds above $112,000, the total short liquidation intensity on major CEXs will reach $440 million.
Conversely, if Bitcoin falls below $109,000, the total long liquidation intensity on major CEXs will reach $533 million.
BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of contracts liquidated. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to adjacent clusters, i.e., intensity.
Therefore, the liquidation chart shows to what extent the price of the underlying asset will be affected when it reaches a certain level. A higher "liquidation bar" indicates that the price reaching that level will trigger a more intense reaction due to a liquidity cascade.
You may also like
Gainers
Latest Crypto News
The Wise Investor invested $179,800 in PIPPIN one month ago, and now has an unrealized gain of $1,350,000.
「HYPE Listing Insider Whale」's 5x HYPE Long Position is currently at a $10.87 million unrealized loss
Opinion: While the current round of quantitative tightening in the U.S. is set to conclude today, its related effects may not be felt until early next year
Rayls Tokenomics Release: TGE to Distribute 15% of Tokens
Japan's 2-Year Government Bond Yield Rises to 1%, Hits New High Since 2008
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Services:support@weex.com