I'm trying to understand what the
BTC liquidation heatmap is. Could someone explain it to me in simple terms? I'm particularly interested in how it helps traders make decisions and what kind of information it provides.
7 answers
Nicola
Sat Dec 28 2024
The Coinglass liquidation heatmap serves as a predictive tool for traders.
Raffaele
Sat Dec 28 2024
Its main function is to identify potential areas of significant liquidations.
alexander_watson_astronaut
Sat Dec 28 2024
This feature aims to assist traders in locating optimal liquidity positions.
KpopStarlet
Sat Dec 28 2024
The heatmap is designed to analyze market data comprehensively.
CryptoTamer
Fri Dec 27 2024
Various leverage amounts are taken into consideration during the calculation process.