According to BlockBeats, on May 29, Coinglass data shows that if Bitcoin falls below $105,000, the cumulative long liquidation intensity on mainstream CEXs will reach $577 million. If Bitcoin breaks above $109,000, the cumulative short liquidation intensity on mainstream CEXs will reach $275 million. The liquidation chart illustrates the importance of liquidation clusters rather than the exact number or value of contracts. A higher liquidation bar indicates a stronger liquidity response after price changes.
Bitcoin price fluctuations may lead to changes in mainstream CEX liquidation intensity
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