News

ChainCatcher reports, according to Coinglass data, if Bitcoin falls below $66,000, the total long liquidation intensity on major CEXs will reach $607 million. Conversely, if Bitcoin breaks above $69,000, the total short liquidation intensity on major CEXs will reach $638 million. Note: The liquidation chart does not show the exact number of contracts waiting to be liquidated, nor the precise value of contracts being liquidated. The bars on the liquidation chart actually display the relative importance of each liquidation cluster compared to adjacent liquidation clusters, i.e., the intensity. Therefore, the liquidation chart demonstrates to what extent the market will be affected when the underlying asset price reaches a certain level. Higher "liquidation bars" indicate that once the price reaches that point, there will be even stronger reactions driven by liquidity waves.

BlockBeats News, March 27th, according to Coinglass data, if Bitcoin falls below $66,000, the cumulative long liquidation intensity of mainstream CEX will reach $607 million. Conversely, if Bitcoin surpasses $69,000, the cumulative short liquidation intensity of mainstream CEX will reach $638 million. BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of contracts to be liquidated. The bars on the liquidation chart actually indicate the importance of each liquidation cluster relative to neighboring liquidation clusters, i.e., intensity. 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 experience a more intense reaction due to a liquidity cascade.

BTC declined, with a trading volume of 34.9 billion USD in the past 24 hours, a circulating market cap of 1.35 trillion USD, and a market cap dominance drop of 0.75%. Data is for reference only.