If Bitcoin drops below $68,000, the total long liquidation strength on mainstream CEXs will reach $1.08 billion.

BTC2,43%

ChainCatcher reports that, according to Coinglass data, if Bitcoin falls below $68,000, the cumulative long liquidation strength on major CEXs will reach 1.08 billion. Conversely, if Bitcoin breaks above $72,000, the cumulative short liquidation strength on major CEXs will reach 792 million.

Note: 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 represent the relative importance of each liquidation cluster compared to nearby clusters, i.e., the intensity. Therefore, the chart shows how much the price of the underlying asset will be affected when it reaches a certain level. Higher “liquidation bars” indicate that the price will react more strongly due to liquidity waves once reached.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Cryptocurrency market sectors show broad gains, AI sector up 7.24% in 24 hours, BTC breaks through $71,000

On March 13, the crypto market rose overall, with the AI sector up 7.24%, where Fetch.ai showed the largest gain at 16.86%. Bitcoin broke through $71,000, Ethereum broke through $2,100, and other sectors also showed an upward trend.

GateNews12m ago

On-chain address unrealized gains have increased to $11.5 million, making it the largest long position holder on the Hyperliquid platform for both ETH and BTC.

On March 13, on-chain monitoring showed that address 0xa5b0's floating gains expanded to $11.5 million as ETH rebounded to $2,100, with a position size reaching $199 million. This address is the largest long position holder on the Hyperliquid platform, primarily holding ETH long positions with 15x leverage and BTC long positions with 20x leverage.

GateNews25m ago

Yesterday, the US Bitcoin spot ETF saw net inflows of $54.08 million, with BlackRock's IBIT receiving inflows of $46.36 million.

On March 12, monitoring data showed that US Bitcoin spot ETFs had net inflows of $54.08 million, with main inflows from BlackRock and Fidelity, while Bitwise and Grayscale experienced net outflows. Specific inflow and outflow details are as follows.

GateNews25m ago

Bitcoin Miners Shift Focus to AI to Capitalize on Energy Infrastructure

The growing intersection of cryptocurrency and artificial intelligence is pushing Bitcoin mining companies to adapt their infrastructure for AI computing needs. By leveraging existing energy resources, mining operations seek to diversify revenue streams while facing competition and regulatory challenges.

TapChiBitcoin39m ago

STRC of Strategy sets a trading record of 7.3 million shares, equivalent to approximately 4.086 BTC

STRC of Strategy achieved a record trading session with 7.3 million shares exchanged, reflecting strong investor demand. The high volume, equivalent to about 4.086 BTC, enhances liquidity and draws greater interest in their financial products, linking traditional finance with the cryptocurrency market.

TapChiBitcoin48m ago
Comment
0/400
SatoshiNakamotoReturnvip
· 02-15 04:25
A donation in memory of Satoshi Nakamoto, who is not sorry and honors the great creator! Bitcoin address: 36eevGjgdeBNKvqP1bSEcHTPvhZbwED9RS
Reply0