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If Bitcoin breaks $114,000, the mainstream CEX cumulative short liquidation pressure will reach $956 million
BlockBeats News, July 11th, according to Coinglass data, if Bitcoin breaks through $114,000, the total short liquidation intensity of mainstream CEXs will reach $956 million.
Conversely, if Bitcoin falls below $110,000, the total long liquidation intensity of mainstream CEXs will reach $2.4 billion.
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 neighboring liquidation clusters, that is, the intensity.
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