If Bitcoin falls below $91,000, the cumulative long liquidation strength on mainstream CEXs will reach 5.08 billion. Conversely, if Bitcoin breaks above $93,000, the cumulative short liquidation strength on mainstream CEXs will reach 2.56 billion. 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 importance of each liquidation cluster relative to nearby clusters, i.e., the intensity. Therefore, the chart shows how much impact the price reaching a certain level will have. Higher "liquidation bars" indicate that the price will react more strongly due to liquidity waves once reached. #BTC
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If Bitcoin falls below $91,000, the cumulative long liquidation strength on mainstream CEXs will reach 5.08 billion. Conversely, if Bitcoin breaks above $93,000, the cumulative short liquidation strength on mainstream CEXs will reach 2.56 billion. 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 importance of each liquidation cluster relative to nearby clusters, i.e., the intensity. Therefore, the chart shows how much impact the price reaching a certain level will have. Higher "liquidation bars" indicate that the price will react more strongly due to liquidity waves once reached. #BTC