Data: If Bitcoin breaks through $93,000, the cumulative short position liquidation intensity on major CEXs will reach $721 million.
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TL;DR
Bitcoin reaching $93,000 could trigger $721 million in short liquidations on major exchanges, while dropping below $90,000 might cause $340 million in long liquidations. The liquidation chart shows relative impact strength, not exact contract numbers, indicating price sensitivity at these levels.
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Halving TokensLayer 1BitcoinLiquidationCEXPrice LevelsMarket Impact
According to Mars Finance, Coinglass data indicates that if Bitcoin breaks through $93,000, the cumulative short liquidation intensity on major CEXs will reach $721 million. Conversely, if Bitcoin falls below $90,000, the cumulative long liquidation intensity on major CEXs will reach $340 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.