Coinworld News: On March 21, according to Coinglass data, if Bitcoin breaks through $73,000, the cumulative short liquidation intensity of mainstream CEXs will reach $834 million. Conversely, if Bitcoin falls below $69,000, the cumulative long liquidation intensity of mainstream CEXs will reach $940 million. Coinworld Note: The liquidation chart does not display the exact number of contracts awaiting liquidation or the precise liquidation value of contracts. The bars on the liquidation chart actually show the importance of each liquidation cluster relative to adjacent liquidation clusters, namely intensity. Therefore, the liquidation chart shows to what extent the underlying price will be affected when it reaches a certain level. A higher "liquidation bar" indicates that when the price reaches that level, it will produce a stronger reaction due to liquidity waves.
Coinworld News: On March 21, according to Coinglass data, if Bitcoin breaks through $73,000, the cumulative short liquidation intensity of mainstream CEXs will reach $834 million. Conversely, if Bitcoin falls below $69,000, the cumulative long liquidation intensity of mainstream CEXs will reach $940 million. Coinworld Note: The liquidation chart does not display the exact number of contracts awaiting liquidation or the precise liquidation value of contracts. The bars on the liquidation chart actually show the importance of each liquidation cluster relative to adjacent liquidation clusters, namely intensity. Therefore, the liquidation chart shows to what extent the underlying price will be affected when it reaches a certain level. A higher "liquidation bar" indicates that when the price reaches that level, it will produce a stronger reaction due to liquidity waves.