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Proekt_73
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In the last 24 hours, there have been already 1.03 billion liquidations in the crypto market. Of these, bulls have faced liquidations totaling 871 million $. It’s already bloodier for bulls than on December 5. BUT it’s not bloodier than on December 9 (when there were 1.51 billion liquidations, of which longs were 1.38 billion $).
The map of potential liquidations for #BTC from #Coinglass over the past 7 days looks extremely striking. Even a sharp drop to 85,548 would currently lead to only 1.17 billion $ in long liquidations. However, a sharp rise to 113,380 would result in short liquidations of 9.59 billion $. In other words, there’s nothing to collect from the bottom.
The liquidity heat maps for BTC on Binance also look quite telling.
The map of potential liquidations for #BTC from #Coinglass over the past 7 days looks extremely striking. Even a sharp drop to 85,548 would currently lead to only 1.17 billion $ in long liquidations. However, a sharp rise to 113,380 would result in short liquidations of 9.59 billion $. In other words, there’s nothing to collect from the bottom.
The liquidity heat maps for BTC on Binance also look quite telling.
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