BlockBeats News, February 20 — According to Coinglass data, if Bitcoin breaks above $70,000, the cumulative short liquidation strength on major CEXs will reach 606 million.
Conversely, if Bitcoin falls below $66,000, the cumulative long liquidation strength on major CEXs will reach 771 million.
BlockBeats Note: The liquidation chart does not display the exact number of contracts pending liquidation or the precise value of contracts being liquidated. The bars on the liquidation chart represent the relative importance of each cluster of liquidations compared to nearby clusters—that is, the intensity.
Therefore, the liquidation chart shows how much impact the price reaching a certain level will have. Higher “liquidation bars” indicate that once the price reaches that level, it will trigger a stronger reaction due to liquidity waves.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Crypto Market Rebounds as Bitcoin Hits $71K After Volatility
The crypto market recovered today as Bitcoin climbed back above $71,000 after recent losses. The broader market cap rose to $2.42 trillion, supported by derivatives activity. However, macro pressure and weak sentiment continue to shape short-term
CryptoBreaking33m ago
BTC Price Prediction Heats Up While Solana Expands and APEMARS Emerges Among Best Altcoins to Inv...
Crypto markets are heating up again as investors search for the best altcoins to invest while Bitcoin’s next move sparks fresh speculation. Traders are closely watching the latest BTC price prediction trends and Solana’s growing ecosystem, both of which are driving renewed excitement across the mark
BlockChainReporter37m ago
Bitcoin Whale Address Dormant for 13.7 Years Activated, Containing 2100 BTC Worth $147 Million
Gate News. On March 21, according to Whale Alert monitoring, a dormant Bitcoin whale address that had been inactive for 13.7 years was just activated. The address contains 2,100 BTC, valued at approximately $147 million at current prices. It is reported that these bitcoins were worth only $13,685 in 2012.
GateNews43m ago
BlackRock deposited approximately 47,700 ETH and 544 BTC to a certain CEX custodial service, with a total value of approximately $140 million
Gate News, on March 21st, according to Lookonchain monitoring, BlackRock's address deposited 47,728 ETH to a CEX custody service, valued at approximately $102 million, while also depositing 544 BTC, valued at approximately $38.3 million. The combined value of both transfers is approximately $140.43 million.
GateNews43m ago
Japan Bitcoin Tax Cut Sparks New Wave Of Crypto Adoption
Japan has taken a bold step that could reshape the global crypto landscape. The government has reduced the tax on Bitcoin capital gains from a staggering 55 percent to a much lower 20 percent. This major shift signals a clear intent to support innovation and attract more investors into the digital a
Coinfomania59m ago
