$BTC | Bitcoin at 82,587: where is the leveraged liquidity?
The BTCUSDT scalping map on Binance, based on data from Trading Different, shows an almost empty liquidation zone around the current price. Above it, the first significant band runs from 84,400 to 86,000 and is dominated by high leverage (50x and 100x). Farther up is the largest spike on the entire map, near 87,400, followed by a dense cluster between 88,200 and 89,000. This is where the shorts that would be liquidated if the price rises are concentrated.
There is more volume below. The first magnet is near 80,100, again with plenty of 50x/100x leverage. Next are a cluster at 78,000–78,200, the map’s second-largest spike around 74,800, and a broad base of 10x and 25x leverage between 69,500 and 71,500. Overall, the long liquidations building up below the price are almost triple the short liquidations above it.
The map does not indicate the price direction. It shows where leveraged positions would be forcibly liquidated if the price reaches those levels.
$BTC #Liquidations #Trading
The BTCUSDT scalping map on Binance, based on data from Trading Different, shows an almost empty liquidation zone around the current price. Above it, the first significant band runs from 84,400 to 86,000 and is dominated by high leverage (50x and 100x). Farther up is the largest spike on the entire map, near 87,400, followed by a dense cluster between 88,200 and 89,000. This is where the shorts that would be liquidated if the price rises are concentrated.
There is more volume below. The first magnet is near 80,100, again with plenty of 50x/100x leverage. Next are a cluster at 78,000–78,200, the map’s second-largest spike around 74,800, and a broad base of 10x and 25x leverage between 69,500 and 71,500. Overall, the long liquidations building up below the price are almost triple the short liquidations above it.
The map does not indicate the price direction. It shows where leveraged positions would be forcibly liquidated if the price reaches those levels.
$BTC #Liquidations #Trading