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If Bitcoin falls below $103,000, the cumulative liquidation strength of mainstream CEXs will reach 702 million
BlockBeats news, on June 18, according to Coinglass data, if Bitcoin falls below $103,000, the cumulative long order liquidation intensity of mainstream CEX will reach $702 million. Conversely, if Bitcoin breaks through $106,000, the cumulative short order liquidation intensity of mainstream CEX will reach $612 million. BlockBeats note: The liquidation chart does not display the exact number of contracts pending liquidation or the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the importance, or intensity, of each liquidation cluster relative to nearby liquidation clusters.