ChainCatcher reports that, according to Coinglass data, if Bitcoin falls below $68,000, the cumulative long liquidation strength on major CEXs will reach 1.08 billion. Conversely, if Bitcoin breaks above $72,000, the cumulative short liquidation strength on major CEXs will reach 792 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 of the underlying asset will be affected when it reaches a certain level. Higher “liquidation bars” indicate that the price will react more strongly due to liquidity waves once reached.
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
Bitcoin slips below $71K as on-chain data signals bullish momentum
Bitcoin retraced about 7% after briefly touching the $76,000 mark earlier in the week, as a confluence of macro headlines trimmed risk appetite. A jump in oil prices tied to Middle East tensions and a hotter-than-expected producer price index added headwinds for risk assets, including equities.
CryptoBreaking1m ago
BlackRock withdrew 2267 BTC and 5041 ETH from a certain CEX over the past 9 hours
Gate News reported that on March 19, according to Onchain Lens monitoring, BlackRock withdrew 2,267 BTC (valued at $161.82 million) and 5,041 ETH (valued at $11.02 million) from a certain CEX in the past 9 hours. Additionally, over the past 3 consecutive days, BlackRock has cumulatively withdrawn 8,435 BTC with a total value of $618.05 million.
GateNews5m ago
Gods Gathering in Crypto Winter: When Faith Becomes the Final Leverage
# From: Vanity Fair
**Compiled by:** Moni, Odaily Planet Daily
"I really can't hold on anymore."
In early February this year, the Signal inbox of a major cryptocurrency market maker was flooded with dozens of messages like this. The crypto market plummeted another 15%—within just a few days, $400 billion in market value vanished into thin air. Over the previous four months, dragged down by Bitcoin, the total cryptocurrency market value crashed nearly 50%, with Ethereum and Solana both declining close to 60%. This collapse erased approximately $2 trillion in value, dragging the industry into a bear market, which the crypto community refers to as a "crypto winter"—a somewhat nerdy metaphor paying homage to that unsettling line from *Game of Thrones*: "Winter is coming."
Project founders were thrown into a panic...
PANews43m ago
Why Bitcoin, Ethereum & XRP Prices Are Dropping—Is This a Bull Trap? - BTC Hunts
The post Why Bitcoin, Ethereum & XRP Prices Are Dropping—Is This a Bull Trap? appeared first on Coinpedia Fintech News
The crypto market has entered a corrective phase, with Bitcoin (BTC) price dropping to around $71,500, down nearly 3.33%, while Ethereum (ETH) price has also slipped
BTCHUNTS45m ago
Crypto Market Review: Bitcoin (BTC) Not Giving up on $80,000, Ethereum (ETH) Has Golden Cross Potential, Is XRP at Risk of Losing $1.50 for Good? - U.Today
Lack of conviction around XRP
Ethereum's potential
Bitcoin loses momentum
$70,000 is a magnet
As the asset struggles to sustain momentum above the $1.50 mark, XRP is once again nearing a turning point in its current market cycle. The wider technical structure indicates that this support zone ma
UToday45m ago
