Mars Finance reports that, according to Coinglass data, if Bitcoin breaks through $90,000, the total liquidation strength of long positions on major CEXs will reach 541 million. Conversely, if Bitcoin drops below $87,000, the total liquidation strength of short positions on major CEXs will reach 703 million. 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 chart shows how much the price of the underlying asset will be affected when reaching a certain level. Higher “liquidation bars” indicate that the price will trigger a stronger reaction due to liquidity waves.
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Data: If Bitcoin breaks through $90,000, the total liquidation strength of long positions on mainstream CEXs will reach 541 million.
Mars Finance reports that, according to Coinglass data, if Bitcoin breaks through $90,000, the total liquidation strength of long positions on major CEXs will reach 541 million. Conversely, if Bitcoin drops below $87,000, the total liquidation strength of short positions on major CEXs will reach 703 million. 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 chart shows how much the price of the underlying asset will be affected when reaching a certain level. Higher “liquidation bars” indicate that the price will trigger a stronger reaction due to liquidity waves.