Jiang Zhuoer says BTC long-position liquidation intensity below is approximately 4 times that of short positions above
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Jiang Zhuoer said that the liquidation intensity of BTC long positions below is close to 4 times that of short positions above.
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Jiang Zhuoer: The liquidation volume of BTC long positions below is close to 4 times that of short positions above
PANews, September 23: Jiang Zhuoer posted on the X platform that Bitcoin rapidly rose from USD 78,000 to USD 87,000, and little liquidation volume remained among short positions above. According to Coinglass data, taking Binance BTC/USDT perpetual contracts as an example, if Bitcoin rises by USD 10,000, the cumulative liquidation intensity of short positions is approximately USD 440 million; if it falls by USD 10,000, the cumulative liquidation intensity of long positions reaches USD 1.663 billion. Jiang Zhuoer speculated that the price may first rise to around USD 87,500, near the previous high for liquidating short-position stop-losses, and then fall below USD 79,000 to liquidate long positions.
Bitcoin rapidly rose from USD 78,000 to USD 87,000.
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Jiang Zhuoer said that little liquidation volume remained among short positions above.
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Taking Binance BTC/USDT perpetual contracts as an example, the cumulative liquidation intensity of short positions for a USD 10,000 rise is approximately USD 440 million.
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The cumulative liquidation intensity of long positions for a USD 10,000 decline reaches USD 1.663 billion.
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Jiang Zhuoer speculated that the price may first rise to USD 87,500 and then fall below USD 79,000.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Liquidation is the forced closing of a futures position after losses reach specified conditions. The article shows that a decline may trigger greater liquidation intensity for long positions than a rise may trigger for short positions.
Why it matters to readers
These data indicate that the potential liquidation pressure in futures contracts may differ depending on the direction of price movement.
Futures trading can generate gains or losses from price movements and may also amplify risk through forced liquidation.
Risks and unknowns
The prediction that the price will rise first and then fall is Jiang Zhuoer's speculation, not a confirmed outcome.
The article does not specify the statistical time range for the liquidation-intensity data.
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Liquidation
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A derivative contract with no expiration date, designed for continuous holding, whose funding rate mechanism helps keep its price close to that of the underlying asset.
