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If Bitcoin surpasses $105,000, the mainstream CEX's total short liquidation volume will reach 7.13 billion.

5 hours ago

On May 18th, based on Coinglass data, if Bitcoin manages to break through $105,000, the cumulative short liquidation intensity on mainstream CEX will reach 7.13 billion. On the other hand, if Bitcoin drops below $102,000, the cumulative long liquidation intensity on mainstream CEX will reach 7.04 billion. BlockBeats Note: The liquidation chart does not disclose the exact number of contracts awaiting liquidation or the precise value of contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to adjacent liquidation clusters, that is, intensity. Consequently, the liquidation chart shows to what degree the price of the underlying asset will be influenced when it reaches a specific position. A higher "liquidation bar" indicates that the price will experience a more intense reaction due to a liquidity cascade when it reaches that level.
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