On December 9, according to Coinglass data, if Bitcoin breaks through $94,000, the cumulative short liquidation intensity on major CEXs will reach $578 million. Conversely, if Bitcoin falls below $90,000, the cumulative long liquidation intensity on major CEXs will reach $458 million. 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 relative importance, or intensity, of each liquidation cluster compared to adjacent clusters. Therefore, the chart shows the extent to which the underlying price reaching a certain level will have an impact. A higher “liquidation bar” indicates that when the price reaches that level, there will be a stronger reaction due to the wave of liquidity.
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If Bitcoin breaks through $94,000, the cumulative short liquidation intensity on major CEXs will reach $578 million.
On December 9, according to Coinglass data, if Bitcoin breaks through $94,000, the cumulative short liquidation intensity on major CEXs will reach $578 million. Conversely, if Bitcoin falls below $90,000, the cumulative long liquidation intensity on major CEXs will reach $458 million. 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 relative importance, or intensity, of each liquidation cluster compared to adjacent clusters. Therefore, the chart shows the extent to which the underlying price reaching a certain level will have an impact. A higher “liquidation bar” indicates that when the price reaches that level, there will be a stronger reaction due to the wave of liquidity.