BlockBeats News, July 11th, according to Coinglass data, if Bitcoin breaks above $66,000, the total liquidation strength of mainstream CEX short positions will reach $567 million.
Conversely, if Bitcoin drops below $63,000, the total liquidation strength of mainstream CEX long positions will reach $482 million.
BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of the liquidated contracts. The bars on the liquidation chart actually represent the significance of each liquidation cluster relative to adjacent clusters, that is, the strength.
Therefore, the liquidation chart shows to what extent the price of the underlying asset will be affected when it reaches a certain level. A higher "liquidation bar" indicates that the price, when reached, will have a more intense reaction due to a liquidity cascade.
Descargo de responsabilidad: El contenido actual proviene de perspectivas de terceros o es traducido directamente por IA a partir de perspectivas de terceros. CoinEx no garantiza la autenticidad, exactitud u originalidad del contenido, y no constituye ningún consejo de inversión. Los precios de las criptomonedas son altamente volátiles, por lo que debe ser consciente de los riesgos potenciales.
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