Data: If Bitcoin falls below $72k, the total liquidation strength of long positions on mainstream centralized exchanges (CEX) will reach 807 million.

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Mars Finance News: According to Coinglass data, if Bitcoin falls below $72k, the cumulative liquidation strength of major CEX long positions will reach 807 million. Conversely, if Bitcoin breaks above $75k, the cumulative liquidation strength of major CEX short positions will reach 72k. 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 columns" indicate that once the price reaches that point, it will trigger a stronger reaction due to liquidity waves.
BTC-1.6%
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CancelingOrdersIsLikeBreathing
· 8h ago
So now it's a matter of who can hold the leverage the longest without breaking.
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GateUser-739338fe
· 10h ago
No, the height of this bar chart represents the strength, not the amount. Many people misunderstand.
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Half-SectionSucculent
· 10h ago
Is the liquidation intensity asymmetric, with the bearish pressure actually being greater?
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BlackVelvetBluePeony
· 10h ago
Waiting for a pin to be inserted, see which side gets buried first.
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NonceCollector
· 10h ago
This $3,000 narrow corridor, volatility is going to explode.
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ReboundAtTheStreetCornerAfter
· 10h ago
The liquidation mechanism of mainstream CEXs is essentially automatic harvesting.
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MemeSourdough
· 10h ago
If it breaks 7.5, the short liquidation chain reaction will be even more intense.
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GateUser-4d2d061e
· 10h ago
The pile of large orders below 72k seems like someone is trying to manipulate the market.
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MetalRoboticArm
· 10h ago
The $3k range between 7.2 and 7.5, both bulls and bears are fighting desperately.
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