If Bitcoin drops below $89,000, the total liquidation strength of long positions on mainstream CEXs will reach 894 million.

BTC3,89%

ChainCatcher News, according to Coinglass data, if Bitcoin drops below $89,000, the cumulative long liquidation strength on major CEXs will reach 894 million. Conversely, if Bitcoin breaks above $92,000, the cumulative short liquidation strength on major CEXs will reach 560 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 will be affected when it reaches a certain level. Higher “liquidation bars” indicate that the price will trigger a stronger reaction due to liquidity waves.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Scaramucci: Bitcoin’s four-year cycle intact; Q4 rally forecast

Bitcoin’s bear market has been framed by a familiar prism: the traditional four-year cycle. Yet proponents argue that institutional demand, particularly via BTC-focused exchange-traded funds, has muted volatility and may shape the path of prices through the next cycle. In a recent discussion,

CryptoBreaking4m ago

Bitcoin Enters DeFi Era as Hashi Builds on Sui Blockchain

_Hashi launches on the Sui blockchain to bring Bitcoin lending, yield, and DeFi services with support from BitGo, Bullish, and FalconX institutions._ A new finance protocol called Hashi plans to bring Bitcoin into decentralized finance. The project is being built on the Sui blockchain.

LiveBTCNews1h ago

Bitcoin Rejects $76K as War and PPI Rock Markets

_ Bitcoin rejected $76,000 resistance as US strikes on Iran, hot PPI at 3.4%, and Powell’s FOMC tone sent crypto and risk assets into a sell-off._ Bitcoin hit $76,000 and turned back around. The rejection was clean. Sellers were waiting right at the level that traders had marked for

LiveBTCNews1h ago

BTC breaks through 71,000 USDT, 24-hour gain of 3.23%

Gate News: On March 23rd, market data shows that BTC broke through 71000 USDT, currently trading at 71006.7 USDT, with a 24-hour increase of 3.23%.

GateNews1h ago
Comment
0/400
Crypto_Buzz_with_Alexvip
· 01-10 08:49
🚀 “Next-level energy here — can feel the momentum building!”
Reply0