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If Bitcoin rebounds above $108,000, the mainstream CEX cumulative short liquidation intensity will reach $1.132 billion

2 hours ago

On November 10th, according to Coinglass data, if Bitcoin rebounds and goes above $108,000, the cumulative short liquidation intensity on mainstream CEX will reach 563 million. Conversely, if Bitcoin drops below $104,000, the cumulative long liquidation intensity on mainstream CEX will reach 1.296 billion. BlockBeats Note: The liquidation chart does not display the precise number of contracts to be liquidated or the exact value of liquidated contracts. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to adjacent liquidation clusters, that is, intensity. Therefore, the liquidation chart shows to what degree the price of the underlying asset will be impacted when it reaches a certain level. A higher "liquidation bar" indicates that once the price is reached, it will experience a more intense reaction due to a liquidity cascade.
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