BlockBeats News, February 27 — According to Coinglass data, if Bitcoin drops below $65,000, the total liquidation strength of long positions on major centralized exchanges (CEX) will reach 1.028 billion.
Conversely, if Bitcoin breaks above $69,000, the total liquidation strength of short positions on major CEXs will reach 1.012 billion.
BlockBeats Note: The liquidation chart does not display the exact number of contracts pending liquidation or the precise value of contracts being liquidated. The bars on the chart represent the relative importance of each liquidation cluster compared to nearby clusters, i.e., the intensity.
Therefore, the liquidation chart shows how much impact the price reaching a certain level will have. Higher “liquidation bars” indicate that once the price hits that level, there will be a stronger reaction due to liquidity waves.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Jiuzi Targets 10,000 Bitcoin In $1B Treasury Shift
Institutional interest in Bitcoin continues to expand across industries. A surprising new player has now entered the spotlight. Nasdaq listed Chinese electric vehicle company Jiuzi Holdings plans a massive Bitcoin acquisition worth about $1 billion. The company aims to acquire nearly 10,000 Bitcoin
Coinfomania7m ago
Bitcoin's comeback over gold? Economist Lyn Alden predicts that cryptocurrency returns will outperform precious metals over the next three years.
Macroeconomist Lyn Alden predicts that Bitcoin will outperform gold over the next two to three years due to significant differences in market sentiment towards the two assets. Although billionaire investor Ray Dalio considers Bitcoin risky and views gold as more mature, the correlation between the two is gradually increasing, potentially offering unique opportunities for investors in the future.
GateNews9m ago
The strengthening of the US dollar suppresses Bitcoin's rebound, and Middle East conflicts may trigger a price decline
The tense situation in the Middle East has triggered a strengthening of the US dollar, putting pressure on Bitcoin and high-risk assets. Analysis indicates that the appreciation of the dollar and high inflation may limit capital inflows into the crypto market. Although Bitcoin experienced a brief rebound, it still faces institutional sell-offs and market weakness. Investors should monitor the dollar trend and market dynamics to assess potential risks.
GateNews13m ago
Gold Price Dumping Every Day At 8 AM: Is Bitcoin-Style Manipulation Appearing In Metals?
Debate around market manipulation returned to the spotlight after unusual price moves appeared in both Bitcoin and gold markets. Bitcoin previously faced allegations that a specific trading pattern appeared around the New York market open. Recent activity in gold price charts now raises a
CaptainAltcoin19m ago
Strike obtains New York Bitcoin license, officially launching custody and payment services
Digital asset company Strike has received a Bitcoin license and money transfer license approved by the New York State Department of Financial Services, allowing it to offer related financial products in New York. This is a significant step in Strike's compliance development, enabling New York residents to conveniently buy and sell Bitcoin, make payments, and invest through its platform.
GateNews20m ago
