CandleFocus Here are the Long and Short Price Levels to Trigger Massive Liquidation in Bitcoin
2024-10-19
Author: Content Editor
According to Coinglass data, if Bitcoin's price exceeds $69,000, the total amount of short order liquidations on centralized exchanges could reach $101 million. On the other hand, if Bitcoin's price drops below $68,000, the cumulative long order liquidations could rise to $293 million. The liquidation table represents the intensity of each potential price move, with a higher bar indicating a stronger market reaction to a liquidation wave at that price level. The Coinglass data also provides information about the recent liquidation trends in the cryptocurrency market.
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