If Bitcoin breaks through $80,000, the cumulative short-position liquidation strength of major mainstream CEXs will reach 777.7 million.

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BlockBeats News, May 26th, according to Coinglass data, if Bitcoin breaks above $80k, the cumulative short liquidation strength on mainstream CEXs will reach 80k.

Conversely, if Bitcoin falls below $76k, the cumulative long liquidation strength on mainstream CEXs will reach 777M.

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 actually represent the importance of each liquidation cluster relative 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 once the price reaches that point, there will be a stronger reaction due to liquidity waves.

BTC-1.75%
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GateUser-a4680931
· 7h ago
Once this data is released, the dealer's trading manual has two more pages.
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CircuitDaydreamer
· 7h ago
So now it's just a script of repeatedly clearing and settling?
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FarmingNoSleep
· 8h ago
The liquidation depth of mainstream CEXs is like a modern version of a meat grinder.
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UnderTheGlassDome
· 8h ago
Clearing intensity ≠ actual clearing volume, but psychological expectations have already been maxed out, and that's the key.
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SudoSatoshi
· 8h ago
This chart from Coinglass is a hunting map designed for big players to watch.
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MirrorBallPeeking
· 8h ago
If it breaks 80k, the bears will cry; if it drops below 76k, the bulls will jump; moving sideways is the healthiest.
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GateUser-2bbf8435
· 8h ago
Now both bulls and bears are waiting for the other to make the first move; whoever shows their hand first will be buried.
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SushiStopLoss
· 8h ago
The liquidation chart is a barometer of market sentiment. With so many positions stacked at 80k and 76k, the main players are all drooling over it.
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Salt-BakedBabyPotatoes
· 8h ago
777M is a bit deliberate, 777 lucky number?
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PixelatedDriedFish
· 8h ago
777 million short positions waiting to be liquidated, this scene is so beautiful
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