BlockBeats news, on June 17th, according to Coinglass data, if Bitcoin falls below $105,000, the cumulative long liquidation intensity on mainstream CEX will reach $1.27 billion.
Conversely, if Bitcoin breaks above $108,000, the cumulative short liquidation intensity on mainstream CEX will reach $538 million.
BlockBeats note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of the contracts being liquidated. The bars on the liquidation chart represent the importance, or intensity, of each liquidation cluster relative to nearby liquidation clusters.
