Add as a preferred source on GoogleNov. 7 Bitcoin (BTC) Map Put Short Liquidation Intensity at $958M Above $77,000
The map placed long-side intensity at $345 million below $75,000, about 2.8 times less than the short-side reading.
A Nov. 7 liquidation map for Bitcoin (BTC) put short-side intensity at $958 million above $77,000, about 2.8 times the $345 million long-side reading below $75,000.
The figures apply only if BTC crosses those respective thresholds. The map measures the relative weight of liquidation clusters near price levels, not the exact number or value of contracts that would be liquidated.
A higher intensity reading indicates that a price reaching a cluster may produce a stronger market response as liquidity moves through it, but it does not mean the full stated amount will be liquidated.
TokenPost has previously covered Bitcoin liquidation-map readings at other thresholds.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.