If Bitcoin breaks through $107,000, the cumulative short order liquidation intensity of mainstream CEX will reach $909 million.

BlockBeats News, on June 15, according to Coinglass data, if Bitcoin breaks through $107,000, the cumulative short order liquidation intensity of mainstream CEXs will reach 909 million. On the contrary, if Bitcoin falls below $103,000, the cumulative liquidation intensity of short orders on mainstream CEXs will reach 1.391 billion. BlockBeats Note: The liquidation chart is not intended to show the exact number of contracts to be liquidated, or the exact value of the contracts being liquidated. The bars on the liquidation chart show the importance of each liquidation cluster relative to its proximity, i.e., its strength. Therefore, the liquidation chart shows the extent to which the underlying price will be affected when it reaches a certain position. A higher "liquidation bar" indicates that the price will react more strongly to the liquidity wave.

BTC-2.18%
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