Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
If Bitcoin falls below $104,000, the cumulative long liquidation intensity on major CEXs will reach $885 million

If Bitcoin falls below $104,000, the cumulative long liquidation intensity on major CEXs will reach $885 million

BlockBeats2025/06/08 14:07

According to Coinglass data, if Bitcoin falls below $104,000, the cumulative long liquidation intensity on mainstream CEX will reach $885 million.

 

Conversely, if Bitcoin breaks through $106,000, the cumulative short liquidation intensity on mainstream CEX will reach $11.6241 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 display the relative importance of each liquidation cluster to the adjacent clusters, i.e., the intensity.

 

Therefore, the liquidation chart shows the extent to which the target price will be affected when it reaches a certain position. A higher "liquidation bar" indicates a stronger reaction due to a wave of liquidity when the price reaches that point.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
$105 million liquidated across the entire network in the past 12 hours
2
Crypto intent engine protocol Enso opens airdrop query and pre-registration page

Crypto prices

More
Bitcoin
Bitcoin
BTC
$122,403.22
+0.24%
Ethereum
Ethereum
ETH
$4,484.79
-0.12%
XRP
XRP
XRP
$2.96
-2.23%
Tether USDt
Tether USDt
USDT
$1
-0.04%
BNB
BNB
BNB
$1,150.26
-1.97%
Solana
Solana
SOL
$227.68
-1.44%
USDC
USDC
USDC
$0.9997
-0.02%
Dogecoin
Dogecoin
DOGE
$0.2519
-1.54%
TRON
TRON
TRX
$0.3408
-0.51%
Cardano
Cardano
ADA
$0.8406
-2.10%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter