- BTC0%
BlockBeats News, May 21st, according to Coinglass data, if Bitcoin breaks above $80,000, the cumulative short liquidation strength of mainstream CEXs will reach $9.47 billion.
Conversely, if Bitcoin falls below $76,000, the cumulative long liquidation strength of mainstream CEXs will reach $8.99 billion.
BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of contracts being liquidated. The bars on the liquidation chart actually demonstrate the importance of each liquidation cluster relative to adjacent liquidation clusters, i.e., the strength.
Therefore, the liquidation chart shows to what extent the target price will be affected when it reaches a certain level. A higher "liquidation bar" indicates that the price will experience a more intense reaction due to a liquidity cascade once it reaches that level.
Disclaimer: The current content is sourced from third-party perspectives or directly translated by AI from third-party perspectives. CoinEx does not guarantee the authenticity, accuracy, and originality of the content, and it does not constitute any investment advice from CoinEx. The prices of cryptocurrencies are highly volatile, please be aware of the potential risks.
- CoinsPrice24H Change