If Bitcoin falls below 80,000 USD, the cumulative long order liquidation intensity on mainstream CEX will reach 196 million.

robot
Abstract generation in progress

BlockBeats news, on April 3rd, according to Coinglass data, if Bitcoin falls below $80,000, the cumulative long order liquidation intensity of mainstream CEX will reach 196 million. Conversely, if Bitcoin breaks above $84,000, the cumulative short order liquidation intensity of mainstream CEX will reach 332 million. BlockBeats note: The liquidation chart does not display the exact number of contracts pending liquidation or the exact value of liquidated contracts. The bars on the liquidation chart actually show the importance of each liquidation cluster relative to nearby liquidation clusters, that is, the intensity. Therefore, the liquidation chart shows to what extent the underlying price reaching a certain position will be affected. A higher "liquidation bar" indicates that after the price reaches that point, there will be a stronger reaction due to liquidity waves.

View Original
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments