If Bitcoin surpasses $118,000, the mainstream CEX aggregated short liquidation pressure will reach $1.069 billion.
BlockBeats News, September 15, according to Coinglass data, if Bitcoin breaks through $11.8K, the cumulative short liquidation intensity of mainstream CEXs will reach $1.069 billion.
Conversely, if Bitcoin drops below $11.4K, the cumulative long liquidation intensity of mainstream CEXs will reach $678 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 represent the importance of each liquidation cluster relative to adjacent liquidation clusters, i.e., the 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 response due to a liquidity cascade.
You may also like
Gainers
Latest Crypto News
Hyperliquid Officially Launches Cross-Margin Auto-Deleveraging (ADL) Liquidation System
Today's $13 Billion Nominal Value BTC Options Expire, Maximum Pain at $98,000
A whale sold 100 wBTC, resulting in a total unrealized loss of $30.91 million.
Data: Significant On-Chain Accumulation of chips occurred in the $84,000 to $85,000 range, with two remaining resistance levels above.
South Korea: Two Police Officers Indicted in $186 Million Cryptocurrency Laundering Case
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Services:support@weex.com