On Nov 24, Coinglass data shows that if Bitcoin dips below $95,000, the liquidation intensity on major CEX platforms will reach $360 million. If it goes above $99,000, the liquidation intensity will reach $335 million. The liquidation chart doesn’t show exact contract values, but it does indicate the strength of each cluster compared to others.
A higher bar means a stronger reaction to the liquidity wave later.
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<p>The post Bitcoin Liquidation Risk: $360 Million Potential Loss Below $95,000 first appeared on CoinBuzzFeed.</p>