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If Bitcoin breaks $114,000, the mainstream CEX cumulative short liquidation pressure will reach $956 million

12 hours ago

On July 11th, according to Coinglass data, in the event that Bitcoin breaks through $114,000, the total short liquidation intensity on mainstream CEXs will reach $956 million. Conversely, if Bitcoin drops below $110,000, the total long liquidation intensity on mainstream CEXs will reach $2.4 billion. BlockBeats Note: The liquidation chart does not disclose the exact number of contracts to be liquidated or the precise value of the contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to neighboring liquidation clusters, that is, the intensity.
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