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If Bitcoin breaks through $96,000, the cumulative short order liquidation intensity of mainstream CEX will reach 1.168 billion.
On April 30, according to Coinglass data, if Bitcoin breaks through $96,000, the cumulative short order liquidation intensity of mainstream CEXs will reach 1.168 billion. Conversely, if Bitcoin falls below $94,000, the cumulative liquidation strength of mainstream CEXs will reach 449 million. BlockBeats Note: The liquidation chart is not intended to show the exact number of contracts to be liquidated, or the exact value of the contracts being liquidated. The bars on the liquidation chart show the importance of each liquidation cluster relative to its proximity, i.e., its strength. Therefore, the liquidation chart shows the extent to which the underlying price will be affected when it reaches a certain position. A higher “liquidation bar” indicates that the price will react more strongly to the liquidity wave.