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
Strategy added 397 BTC to its position last week, at an average price of $114,771.
Loop Capital: NVIDIA Still Has Upside Potential, Raises Target Price to $350
The GMPayer Payment Hub based on the x402 protocol has been launched, enabling AI Agents to make cross-chain autonomous payments, and initiating a 72-hour limited-time minting event.
Trump: Cooperation with China Can Make America 'Great Again'
Pendle Achieves All-Time High Monthly Revenue in October and September Transaction Volume, Surpasses $1 Billion TVL on Plasma
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Services:support@weex.com