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- Welcome Kevin_Lee to the Gate Square! 🎉
Looking forward to more great crypto insights from him.
Check out and engage with Kevin_Lee’s latest post!
👉 Post: https://www.gate.com/post/status/11758920
👉 Profile: https://www.gate.com/profile/Kevin%20Lee
Let’s give Kevin_Lee a warm welcome! 👏👏👏
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If Bitcoin falls below $105,000, the cumulative long order liquidation intensity of mainstream CEX will reach $649 million.
BlockBeats news, on June 26, according to Coinglass data, if Bitcoin falls below $105,000, the cumulative long order liquidation intensity of major CEX will reach 649 million. Conversely, if Bitcoin breaks above $109,000, the cumulative short order liquidation intensity of major CEX will reach 401 million. BlockBeats notes: the liquidation chart does not display the exact number of contracts pending liquidation or the exact value of liquidated contracts. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to nearby liquidation clusters, i.e., intensity. Therefore, the liquidation chart shows to what extent the underlying price reaching a certain position will be affected. A higher "liquidation bar" indicates that once the price reaches that point, there will be a stronger reaction due to liquidity waves.