If Bitcoin breaks $119,000, the mainstream CEX total short liquidation volume will reach 765 million.
BlockBeats News, July 13th, according to Coinglass data, if Bitcoin breaks through $119,000, the total short liquidation intensity on mainstream CEXs will reach $765 million.
Conversely, if Bitcoin drops below $116,000, the total long liquidation intensity on mainstream CEXs will be $979 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 show the importance of each liquidation cluster relative to neighboring clusters, that is, the intensity.
Therefore, the liquidation chart shows to what extent the target price will be affected when it reaches a certain level. A higher "liquidation bar" indicates that the price will have a more intense reaction due to a liquidity cascade when it reaches that level.
You may also like

March 3rd Key Market Info Discrepancy - A Must-Read! | Alpha Morning Post

IOSG: Making Probability an Asset, Forecasting Market Intelligence Agent

The US’s Back-Channel Helper in Attacking Iran, How Evil is Palantir

Key Market Intelligence on March 3rd, how much did you miss?

Interpreting the Anthropic vs. War Department Conflict: What Does Trump Intend to Do?

Nasdaq Moves In, Predicts Market Has Reached Mainstream Inflection Point

After a 48-hour ban, Claude reached the top of the App Store

If this is the beginning of the triple halving, what are top investors saying about what to expect?

After Iran's Political Risk Rises, Cryptocurrency Sees Massive Outflow

Pantera Capital Partner: The Financial Trajectory of AI Agents

In the next 5 years, Vitalik will scale Ethereum like this

Sam Altman and the End of the World Capitalism

Wall Street Rings Inflation Alarm Bells Amid Iran Tensions, What Does It Mean for Cryptocurrency?

Qwen Open Source Model Enters Mobile, Nasdaq Tests Water Prediction Market, What's the Overseas Crypto Community Talking About Today?

MegaETH Co-founder: 48 Hours After Escaping Dubai, I Reassess the Entire Crypto Scene

Morning Report | Strategy increased its holdings by 3,015 bitcoins last week; BitMine increased its holdings by 50,928 ETH last week; Vitalik elaborated on the Ethereum execution layer roadmap

Why is it said that there are structural opportunities in encrypted AI?
