If Bitcoin surpasses $110,000, the mainstream CEX's total short position liquidation volume will reach 605 million.
BlockBeats News, July 3rd, according to Coinglass data, if Bitcoin breaks through $110,000, the cumulative short liquidation intensity of mainstream CEX will reach 605 million.
Conversely, if Bitcoin falls below $108,000, the cumulative long liquidation intensity of mainstream CEX will reach 858 million.
BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of contracts being liquidated. The bars on the liquidation chart actually show the relative importance of each liquidation cluster to neighboring liquidation clusters, that is, 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, when reached, will have a more intense reaction due to a liquidity wave.
You may also like
Gainers
Latest Crypto News
A whale has deposited 1.01 million USDC into Hyperliquid to leverage 10x long on HOOD.
Trump to Announce Plan to Roll Back Car Fuel Efficiency Rules
Jupiter Releases HumidiFi Token WET ICO Guidelines
The cryptocurrency mining company supported by the Trump family saw its stock price "halved" in 30 minutes.
Deutsche Bank: If the next Fed Chair fails to effectively address inflation risks, the US Dollar may face downward pressure
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Services:support@weex.com