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If Bitcoin breaks $110,000, the mainstream CEX cumulative short liquidation pressure will reach $156 million.
BlockBeats News, July 6th, according to Coinglass data, if Bitcoin breaks through $110,000, the mainstream CEX's cumulative short liquidation intensity will reach 156 million.
On the other hand, if Bitcoin falls below $107,000, the mainstream CEX's cumulative long liquidation intensity will reach 97.07 million.
BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of the contracts to be liquidated. The bars on the liquidation chart actually show the importance of each liquidation cluster relative to adjacent liquidation clusters, that is, the intensity.
Therefore, the liquidation chart shows to what extent the target price will be affected when it reaches a certain level. A higher "liquidation bar" indicates that the price will have a more intense reaction due to a liquidity surge when it reaches that level.
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