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If Bitcoin drops below $94,000, the mainstream CEXs' long liquidation volume will reach $1.371 billion

2025.02.18 15:00:34

On February 18th, according to Coinglass data, if Bitcoin drops beneath $94,000, the cumulative intensity of long liquidation in mainstream CEX will reach $1.371 billion. Conversely, if Bitcoin surpasses $97,000, the cumulative intensity of short liquidation in mainstream CEX will reach $762 million. **BlockBeats Note**: The liquidation chart does not display the precise number of contracts to be liquidated or the exact value of the liquidated contracts. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to adjacent clusters, that is, intensity. Therefore, the liquidation chart shows to what degree the price of the underlying asset will be influenced when it reaches a certain level. A higher "liquidation bar" indicates that when the price is reached, it will experience a more intense reaction due to a liquidity cascade.
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