Data: If Bitcoin breaks through $64,000, the total liquidation strength of mainstream CEX short positions will reach 540 million
September 19 news, according to Coinglass data, if Bitcoin breaks through $64,000, the total liquidation strength of mainstream CEX short positions will reach $540 million. Conversely, if Bitcoin falls below $60,000, the total liquidation strength of mainstream CEX long positions will reach $708 million. Therefore, the liquidation chart shows to what extent the target price will be affected when it reaches a certain position. A higher "liquidation column" indicates that there will be a stronger reaction due to liquidity waves once the price is reached.
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