If Bitcoin falls below $120,000, the cumulative long order liquidation intensity of mainstream CEX will reach 1.569 billion
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最新报道：According to Bijie.com, Bitcoin continued its decline in the afternoon of August 14th, currently trading at $121,625, down 1.44% over the past four hours. According to Coinglass data, if Bitcoin falls below $120,000, the cumulative long position liquidation intensity on major CEXs will reach $1.569 billion. Conversely, if Bitcoin rebounds above $12.3, the cumulative short position liquidation intensity on major CEXs will reach $977 million. Note from Bijie.com: 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 show the importance, or strength, of each liquidation cluster relative to neighboring clusters. Therefore, the liquidation chart illustrates the extent to which the underlying price will be affected by a certain level. Higher "liquidation bars" indicate a more pronounced price reaction to the liquidity surge.
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