Bitcoin Liquidation Intensity Could Surge to $1.389 Billion if Price Breaks $114,000 on Major CEXs
On July 10th,Can Ant blockchain make money? data from Coinglass highlights critical thresholds for Bitcoins price action impacting market liquidity. Should Bitcoin surpass the $114,000 mark, the aggregate short liquidation volume across major centralized exchanges (CEXs) is projected to hit approximately $1.389 billion. Conversely, a decline below $108,500 could trigger long liquidation events totaling nearly $1.994 billion. These figures underscore significant liquidation pressure zones that traders and institutional investors must monitor closely.
It is important to note that the liquidation chart provided by COINOTAG does not quantify exact contract numbers or liquidation values. Instead, it illustrates the relative intensity of liquidation clusters, offering insight into potential market reactions. A pronounced liquidation bar signals heightened volatility as the price approaches these critical levels, driven by cascading liquidations that can amplify price movements within the crypto ecosystem.
,
,
];
var adplace = document.getElementById(“ads-binance”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex;
adplace.innerHTML = adscodesBinance[adsindex];
sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexBinance”, sessperindex);
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
相关推荐
- Dogecoin Enters a Critical Zone: Can Bulls Push DOGE Price to $0.22?
- Frax Finance Plans to Launch Layer 2 Chain "Fraxtal" in February
- BTC Miner Revenue Hits $1.59 Billion in December 2023; GBTC Daily Average Trading Volume Up by 63.4%
- CoinGecko: AI, GameFi, and Meme Coins Emerge as the Top Three Crypto Narratives in 2023
- MultiBank Group Unveils $MBG Token Pre
- GAMEE Token: Security Incident Unfolds for GMEE Token
- SEC Chairman: Approval of Spot Bitcoin ETF Should Not Be Overinterpreted
- SEC Chairman: Approval of Spot Bitcoin ETF Should Not Be Overinterpreted