Bitcoin breaking through $118,000 may trigger a $2.078 billion short positions liquidation wave.

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According to Coinglass data, if the price of Bitcoin breaks through $118,000, the cumulative liquidation intensity of short positions on major Centralized Exchanges (CEX) could reach $2.078 billion. It is important to note that the liquidation chart does not precisely display the number of contracts to be liquidated or the exact value of contracts that have been liquidated. Instead, the bar graphs in the chart represent the relative importance of each liquidation cluster compared to adjacent clusters, indicating liquidation intensity. Therefore, the chart demonstrates the potential impact on the market when asset prices reach certain levels. A higher "liquidation bar" indicates that reaching that price point will trigger a stronger response from the wave of liquidity.

BTC-6.27%
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ApeWithNoChainvip
· 10h ago
Lie down and get ready to watch the short order crash.
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NftPhilanthropistvip
· 10h ago
*adjusts charity dao glasses* liquidations are just forced wealth redistribution tbh
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ser_ngmivip
· 10h ago
Short positions are ready to play people for suckers today.
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SatsStackingvip
· 10h ago
Already all in.
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TransplantingRiceSeedlvip
· 10h ago
#BTC# Bitcoin and bees, working together to build a bright and sustainable future. The best performance of the digital hive. BTC#ETH SOL XRP BNB. SOL DOGE PI buy buy buy keep buying, coins with low market capitalization have more opportunities and could turn into $9999 in a few days. One day, it will make you smile. Lying flat, do whatever you want, my life is in my hands, not controlled by fate. Waiting is the best harvest for yourself, persistence is still needed, exchanging time for space will allow you to lie flat and freely buy buy buy. The Whale has come, pump $9999 BEES.
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