ChainCatcher News, according to Coinglass data, if Bitcoin falls below $85,000, the cumulative long liquidation intensity on major CEXs will reach 1.106 billion. Conversely, if Bitcoin breaks above $90,000, the cumulative short liquidation intensity on major CEXs will reach 1.584 billion.
Note: The liquidation chart does not display the exact number of contracts pending liquidation or the precise value of contracts being liquidated. The bars on the liquidation chart represent the relative importance of each liquidation cluster compared to nearby clusters, i.e., the intensity. Therefore, the chart shows how much the price will be affected when reaching a certain level. Higher “liquidation bars” indicate that the price will trigger a stronger reaction due to liquidity waves.
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