Mars Finance News, according to Coinglass data, if Bitcoin falls below $90,000, the cumulative long liquidation strength on mainstream CEXs will reach 502 million. Conversely, if Bitcoin breaks through $93,000, the cumulative short liquidation strength on mainstream CEXs will reach 767 million USD. 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 actually represent the importance of each liquidation cluster relative to nearby clusters, i.e., the intensity. Therefore, the liquidation chart shows how much the price of the underlying asset will be affected when it reaches a certain level. Higher “liquidation columns” indicate that the price will trigger a stronger reaction due to liquidity waves.
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Data: If Bitcoin falls below $90,000, the total liquidation strength of long positions on mainstream CEXs will reach 502 million.
Mars Finance News, according to Coinglass data, if Bitcoin falls below $90,000, the cumulative long liquidation strength on mainstream CEXs will reach 502 million. Conversely, if Bitcoin breaks through $93,000, the cumulative short liquidation strength on mainstream CEXs will reach 767 million USD. 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 actually represent the importance of each liquidation cluster relative to nearby clusters, i.e., the intensity. Therefore, the liquidation chart shows how much the price of the underlying asset will be affected when it reaches a certain level. Higher “liquidation columns” indicate that the price will trigger a stronger reaction due to liquidity waves.