Bitcoin price fluctuations may trigger nearly 1 billion dollars in contract liquidations.

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[Block Rhythm] On July 13, according to data from the data platform, if Bitcoin breaks through 119,000 USD, the cumulative short order liquidation intensity on mainstream trading platforms will reach 765 million.

On the contrary, if Bitcoin falls below 116,000 USD, the cumulative long order liquidation intensity on mainstream trading platforms will be 979 million.

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 show the importance, that is, the intensity, of each liquidation cluster relative to nearby liquidation clusters.

Therefore, the liquidation chart shows the extent to which the underlying price will be affected when it reaches a certain level. A higher "liquidation pillar" indicates that when the price reaches it, there will be a stronger reaction due to the liquidity wave.

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BlockchainFriesvip
· 07-13 09:10
The short order blew up while frying fish.
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GateUser-75ee51e7vip
· 07-13 09:08
Are you betting your life on the market?
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AirdropHuntervip
· 07-13 09:06
Embrace all rises and falls, just fear inaction.
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LiquidityWizardvip
· 07-13 09:06
Another wave of blood and gore.
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DegenMcsleeplessvip
· 07-13 08:50
Another massacre is coming.
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AllInDaddyvip
· 07-13 08:49
Another group of suckers is going all in.
View OriginalReply0
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