If Bitcoin drops below $113,000, the mainstream CEX's total long liquidation amount will reach $984 million
BlockBeats News, August 18th, according to Coinglass data, if Bitcoin falls below $113,000, the cumulative long liquidation intensity of mainstream CEXs will reach $984 million.
On the other hand, if Bitcoin surpasses $117,000, the cumulative short liquidation intensity of mainstream CEXs will reach $688 million.
BlockBeats Note: The liquidation chart does not accurately display the number of contracts awaiting 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 adjacent liquidation clusters, that is, the intensity.
Therefore, the liquidation chart shows to what extent the price of the underlying asset will be affected when it reaches a certain level. A higher "liquidation bar" indicates that the price, once reached, will experience a more intense reaction due to a liquidity cascade.
You may also like
Looking at Stripe's ambitions and the future of stablecoins from OUSD
Do you want to buy CRCL?
Wosh: Inflation has cooled in recent weeks, AI is reshaping the economy, and forward guidance has lost its necessity
The most secretive AI winner
Former ByteDance employee's account: How I started with two Pinduoduo hard drives and made six times the profit with Seagate to achieve financial freedom?
MiCA reshuffle begins, Binance temporarily bids farewell to the EU
How does Gate redo "buying and selling stocks" from the cryptocurrency world to the stock market?
Visa and Mastercard join 140 giants to launch a new stablecoin, but the impact on the market landscape may still be limited
Circle CEO responds to OUSD's challenge: Stablecoins are a winner-takes-all business, and we will not slow down
Argentina vs Cape Verde: When a Record-Breaking Legend Meets an Unbreakable Underdog
WEEX exclusive pre-match analysis of Argentina vs Cape Verde, exploring Messi-led Argentina’s dominance and Cape Verde’s historic defensive breakout, with a breakdown of volatility, structure, and match dynamics.

