If Bitcoin falls below $89,000, the total liquidation intensity of long positions on major CEXs will reach $508 million.
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TL;DR
If Bitcoin drops below $89,000, long positions on major CEXs could face $508 million in liquidations, while a rise above $91,000 might trigger $294 million in short liquidations. The liquidation chart reflects the relative impact on price at these levels, not exact contract values.
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BitcoinHalving TokensLayer 1liquidationCEXprice levelstrading risk
According to Mars Finance, Coinglass data indicates that if Bitcoin falls below $89,000, the cumulative liquidation intensity of long positions on major CEXs will reach $508 million. Conversely, if Bitcoin breaks through $91,000, the cumulative liquidation intensity of short positions on major CEXs will reach $294 million. Note: The liquidation chart does not show the exact number of contracts pending liquidation or the exact value of contracts being liquidated. The bars on the liquidation chart represent the importance of each liquidation cluster relative to its neighboring clusters, i.e., its strength. Therefore, the liquidation chart shows the extent to which the price of an asset will be affected when it reaches a certain level. Higher "liquidation bars" indicate that the price will react more strongly to the liquidity surge after reaching that level.