Bitcoin (BTC) Map Shows $1.45 Billion in Short-Side Intensity Above $80,000
Photo: TokenPost
A Bitcoin (BTC) liquidation map covering major centralized exchanges puts short-side intensity above $80,000 at $1.45 billion and long-side intensity below $75,000 at $550 million. The short-side reading is about 2.6 times the long-side reading. The levels are conditional: the map associates short-side intensity with a move above $80,000 and long-side intensity with a decline below $75,000. The figures are not guaranteed dollar amounts of positions that would be closed. A liquidation occurs when a leveraged trade is forcibly closed after its owner falls short of the margin needed to keep it open.
Source: TokenPost
