BlockBeats News, June 18, according to Coinglass data, if Bitcoin falls below $103,000, the cumulative long liquidation strength on major CEXs will reach $702 million.
Conversely, if Bitcoin breaks through $106,000, the cumulative short liquidation strength on major CEXs will reach $612 million.
BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of liquidated contracts. The bars on the liquidation chart actually display the importance, or strength, of each liquidation cluster relative to nearby liquidation clusters.
