If Bitcoin breaks through $109,000, the cumulative short order liquidation intensity of mainstream CEX will reach 624 million.
BlockBeats news, on June 29, according to Coinglass data, if Bitcoin breaks through $109,000, the cumulative short order liquidation intensity on mainstream CEX will reach $624 million. Conversely, if Bitcoin falls below $107,000, the cumulative long order liquidation intensity on mainstream CEX will only be $6,307,870. BlockBeats note: The liquidation chart does not display the exact number of contracts to be liquidated or the precise value of the liquidated contracts. The bars on the liquidation chart actually show the importance of each liquidation cluster relative to nearby liquidation clusters, i.e., intensity. Therefore, the liquidation chart shows the extent to which the target price reaching a certain position will be affected. A higher "liquidation bar" indicates that after the price reaches it, there will be a stronger reaction due to liquidity waves.
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