The current growth of the crypto market is largely due to purchases rather than liquidations of bears. This refers specifically to the last hours - the evening and night.
#Coinglass shows that in the last hour, for example, liquidations totaled only $4.41 million, of which longs were $1.22 million and shorts - $3.20 million.
However, if we look at 12 hours and a day - liquidations are still significantly higher. In a day, they amounted to $338.72 million, almost a parity: $172 million $ longs and $166.72 million $ - shorts.
From the map of potential liquidations specifically for #BTC, it is clear that longs are actively recovering, but their main liquidation levels are now above $109,476. Liquidations of bears, and much larger, start from $113,475.
Overall, the current difference:
- with a rapid drop to $98,253$ , longs would be liquidated for $4.75 billion.
- with a rapid rise to $123,789$ , shorts would be liquidated for $10.47 billion.
The heatmap of BTC liquidity on Binance, the brightest levels:
- on 24 hours: $108,597-$109,307$ (a very notable zone), $110,905-$111,526.
- on the week: $110,129, $111,238, $113,567-$114,121, $115,785, $117,005.
- on the month: $111,202, $111,772-$111,914, $115,333, $116,615, $117,612-$118,039, $118,893, $119,890.
- on the year: $111,134.