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If Bitcoin breaks $77,000, the mainstream CEX cumulative short liquidation pressure will reach $1.17 billion.

4 days ago

On April 17th, per data from Coinglass, if Bitcoin climbs above $77,000, the cumulative short liquidation intensity across major centralized exchanges (CEXs) will hit $1.17 billion. Conversely, should Bitcoin fall below $73,000, the cumulative long liquidation intensity for these same major CEXs will total $1.277 billion. BlockBeats Note: The liquidation chart does not display the exact number of contracts at risk of liquidation or the precise value of those contracts. Instead, the bars on the chart indicate how significant each liquidation cluster is compared to neighboring clusters—meaning they represent "intensity." In short, the chart illustrates how strongly the underlying asset’s price will react when it hits a specific level. A taller "liquidation bar" signals that the price reaching that point will trigger a more intense response due to a liquidity cascade.
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