Bitcoin Map Shows Similar Liquidation Intensity on Major Exchanges
Photo: TokenPost
A Nov. 5 map for Bitcoin (BTC) showed more than $1 billion in liquidation intensity at thresholds above and below $80,000 across major centralized exchanges, with the short-side reading slightly higher. The map put long liquidation intensity at $1.115 billion if BTC fell below $78,000 and short liquidation intensity at $1.185 billion if it rose above $82,000. The readings differ by $70 million. The thresholds are $4,000 apart, with $80,000 at their midpoint. The figures reflect the relative importance of liquidation clusters, not exact contract counts or the precise dollar value of positions to be liquidated.
Source: TokenPost
