Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
If Bitcoin breaks through $89,000, the total liquidation strength of mainstream CEX short positions will reach 1.055 billion

If Bitcoin breaks through $89,000, the total liquidation strength of mainstream CEX short positions will reach 1.055 billion

Bitget2025/03/26 10:21

On March 26, according to Coinglass data, if Bitcoin breaks through $89,000, the cumulative liquidation strength of mainstream CEX short positions will reach 1.055 billion.

Conversely, if Bitcoin falls below $87,000, the cumulative liquidation strength of mainstream CEX long positions will reach 347 million.

Note: The liquidation chart does not show the exact number of contracts pending for liquidation or the precise value of contracts that have been liquidated. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to nearby clusters - in other words their 'strength'.

Therefore, what a liquidation chart shows is how much impact there would be when an underlying price reaches a certain level. A higher "liquidation bar" indicates that once prices hit this level it could trigger a more intense reaction due to liquidity waves.

0

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: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!