Bitcoin reaches a critical level, liquidation intensity could reach $1.1 billion, volatility imminent?
Data as of April 30:
If Bitcoin breaks through $96,000, the short liquidation intensity on major CEXs will reach $1.168 billion;
If it falls below $94,000, the long liquidation intensity will also be $449 million.
Note: The liquidation chart does not display the exact number or value of contract liquidations but reflects the potential liquidity "intensity" at different price points.
In other words, the higher the "liquidation column," the more intense the market reaction will be once that price point is breached, and the market could be on the verge of a significant move.
