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If Bitcoin breaks above $105,000, the mainstream CEX cumulative short liquidation intensity will reach $1.152 billion

4 hours ago

On May 10th, based on Coinglass data, if Bitcoin surpasses $105,000, the cumulative short liquidation intensity on mainstream CEXs will reach $1.152 billion. Conversely, if Bitcoin drops below $102,000, the cumulative long liquidation intensity on mainstream CEXs will reach $1.106 billion. BlockBeats Notes: The liquidation chart does not display the precise number of contracts to be liquidated or the exact value of contracts to be liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to neighboring clusters, that is, intensity. Therefore, the liquidation chart shows to what extent the price of the underlying asset will be impacted when it reaches a certain level. A higher "liquidation bar" indicates that the price reaching that level will elicit a more intense response due to a liquidity cascade.
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