If Bitcoin surpasses $120,000, the mainstream CEX cumulative short liquidation intensity will reach $1.503 billion
BlockBeats News, July 19th, according to Coinglass data, if Bitcoin breaks through $120,000, the cumulative short liquidation intensity of mainstream CEXs will reach $1.503 billion.
Conversely, if Bitcoin falls below $116,000, the cumulative long liquidation intensity of mainstream CEXs will reach $1.310 billion.
BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of contracts to be liquidated. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to adjacent liquidation clusters, i.e., intensity.
Therefore, the liquidation chart shows to what extent reaching a certain price level will have an impact. A higher "liquidation bar" indicates that the price reaching that level will elicit a more intense reaction due to a liquidity cascade.
You may also like
Gainers
Latest Crypto News
Chicago Mercantile Exchange (CME): CME Clearing of Securities Expected to Launch in Q2 2026
OpenAI is developing a large language model named "GARLIC."
The US Bank has approved a wealth advisor's recommendation for investors to allocate 1%–4% of their assets to cryptocurrency.
Sonnet Biotherapeutics Receives Shareholder Approval to Merge with Hyperliquid Strategies
CZ: Predicts More All-Time Highs Coming Soon, Exact Timing Unknown
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Services:support@weex.com