If Bitcoin Falls Below $103,000, Total Long Liquidations on Major CEXs Will Reach $702 Million
According to Coinglass data, if Bitcoin falls below $103,000, the cumulative long liquidation intensity on major CEXs will reach $702 million. Conversely, if Bitcoin surpasses $106,000, the cumulative short liquidation intensity on major CEXs will reach $612 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 actually represent the relative significance, or intensity, of each liquidation cluster compared to adjacent clusters.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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