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
Luffa announced it has reached 1 million registered users and upgraded to a "next-generation operating system for creators and the fan economy".
The US Hedera spot ETF saw a net outflow of $1.71 million in a single day; the Litecoin spot ETF saw no net inflow.
The US Solana spot ETF saw a net inflow of $12.04 million in a single day.
Luffa announced it has reached 1 million registered users and upgraded to a "next-generation operating system for creators and the fan economy".
The US Hedera spot ETF saw a net outflow of $1.71 million in a single day; the Litecoin spot ETF saw no net inflow.
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Services:support@weex.com