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If Bitcoin drops below $114,000, the mainstream CEX long liquidation pressure will reach $1.78 billion

17 hours ago

On July 25th, according to Coinglass data, in the event that Bitcoin drops below $114,000, the cumulative intensity of long liquidation on mainstream CEXs will reach $1.78 billion. On the other hand, if Bitcoin surges above $117,000, the cumulative intensity of short liquidation on mainstream CEXs will reach $1.09 billion. BlockBeats Note: The liquidation chart does not provide the exact number of contracts to be liquidated or the precise value of the contracts to be liquidated. The bars on the liquidation chart actually represent the relative significance of each liquidation cluster in relation to neighboring liquidation clusters, that is, intensity. Consequently, the liquidation chart shows to what degree the price of the underlying asset will be influenced when it attains a certain level. A higher "liquidation bar" indicates that the price, upon reaching that level, will react more vigorously due to a liquidity avalanche.
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Gate Launchpad has officially launched the Ika (IKA) token sale, with a total allocation of 200 million IKA.

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Gate Launchpad has launched Ika (IKA) for 1 hour, and the subscription amount has exceeded 1.08 billion USD.

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Cathie Wood: Ethereum Staking Redemption Demand Surges Possibly Due to Robinhood Offering 2% Reward

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This week the US Bitcoin spot ETF saw a net inflow of $72.3 million

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Analyst: This week the selling pressure level has reached an extreme level within the period, but BTC's stable price can be seen as a positive signal

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