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If Bitcoin falls to 92,000 USD, the cumulative long order liquidation intensity of mainstream CEX will reach 848 million.

On November 18, according to Coinglass data, if Bitcoin falls to $92,000, the cumulative long order liquidation intensity of mainstream CEX will reach $848 million. Conversely, if Bitcoin breaks through $95,000, the cumulative short order liquidation intensity of mainstream CEX will reach $491 million. BlockBeats notes: The liquidation chart does not display the exact number of contracts to be liquidated or the exact value of the contracts being liquidated. The bars on the liquidation chart actually show the importance of each liquidation cluster relative to nearby liquidation clusters, i.e., intensity. Therefore, the liquidation chart shows the extent to which the underlying price will be affected when it reaches a certain position. Higher “liquidation bars” indicate that once the price reaches that level, there will be a stronger reaction due to a liquidity wave.

BTC-2.27%
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