BlockBeats News, February 4th, according to Coinglass data, if Bitcoin drops below $75,000, the cumulative long liquidation intensity on major CEXs will reach 498 million.
Conversely, if Bitcoin breaks above $79,000, the cumulative short liquidation intensity on major CEXs will reach 637 million.
BlockBeats Note: The liquidation chart does not display the exact number of contracts pending liquidation or the precise value of contracts being liquidated. The bars on the liquidation chart represent the relative importance of each liquidation cluster compared to nearby clusters, i.e., the intensity.
Therefore, the liquidation chart shows how much the price of the underlying asset will be affected when it reaches a certain level. Higher “liquidation bars” indicate that the price will generate a stronger reaction due to liquidity waves once reached.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin Enters Best Buy Zone Since 2022, Fourth Parabolic Bitcoin Move Expected
Bitcoin enters best buy zone since 2022.
This leads experts to expect the fourth parabolic Bitcoin move to play out soon.
The price of BTC could hit $190,000 by 2030, presenting a perfect time to accumulate now
The crypto community continues to watch the crypto market closely as the pri
CryptoNewsLand1h ago
Bitcoin ETFs 'will be larger' than gold ETFs: Analyst
Spot Bitcoin exchange-traded funds (ETFs) could surpass gold ETFs in total assets under management (AUM) as investor demand expands beyond the traditional “digital gold” narrative, according to ETF analyst James Seyffart.
“There are just more use cases of why somebody would put a Bitcoin ETF in a p
Cointelegraph2h ago
Bitcoin's $1.3 trillion security race: Key initiatives aimed at quantum-proofing the world's largest blockchain
Quantum computers capable of breaking the Bitcoin blockchain do not exist today. Developers, however, are already considering a wave of upgrades to build defenses against the potential threat, and rightfully so, as the threat is no longer hypothetical.
This week, Google published research
CoinDesk2h ago
