According to CoinVie, Coinglass data shows that if Bitcoin drops below $84,000, the total liquidation intensity of long positions on major cryptocurrency exchanges will reach $1.185 billion. Conversely, if Bitcoin exceeds $88,000, the total liquidation intensity of short orders on major cryptocurrency exchanges will reach $278 million.
Note: The liquidation chart does not accurately display the number of contracts pending liquidation or the exact value of contracts being liquidated. The bars on the liquidation chart represent the significance or strength of each liquidation cluster compared to neighboring clusters. Therefore, the liquidation chart indicates the level of impact on the price of an asset when it reaches a certain level. The higher the "liquidation intensity," the more the price will react strongly to the increase in liquidity when reaching that level.
BTCUSDT
Perp
90,301
-2.42%
