Data: If Bitcoin breaks through $64,000, the cumulative short order liquidation intensity of mainstream CEX will reach 540 million

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MarsBit
09-19
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Mars Finance reported that according to Coinglass data, if Bitcoin breaks through $64,000, the cumulative short order liquidation strength of mainstream CEX will reach 540 million. On the contrary, if Bitcoin falls below $60,000, the cumulative long order liquidation strength of mainstream CEX will reach 708 million. Therefore, the liquidation chart shows the extent to which the underlying price will be affected when it reaches a certain position. A higher "liquidation column" indicates that the price will have a stronger reaction due to the liquidity wave after it reaches that point.

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