If Bitcoin breaks through $95,000, the cumulative short order liquidation intensity of mainstream CEXs will reach 908 million

BlockBeatNews
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BlockBeats news, on April 25, according to Coinglass data, if Bitcoin breaks through $95,000, the cumulative short order liquidation intensity of mainstream CEX will reach $908 million. Conversely, if Bitcoin falls below $92,000, the cumulative long order liquidation intensity of mainstream CEX will reach $901 million. BlockBeats note: The liquidation chart does not show the exact number of contracts pending liquidation or the exact value of contracts being liquidated. 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 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 generate a stronger reaction due to a liquidity wave after reaching that level.

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