Questions tagged [liquidation heatmap]

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Valentina Valentina Tue Jul 16 2024 | 5 answers 1161

What is the liquidation heatmap by coinglass?

Could you please elaborate on the liquidation heatmap offered by Coinglass? As a cryptocurrency practitioner, I'm curious about its functionality and how it can be used to gain insights into market trends. Specifically, I'd like to understand what data it provides, how it's calculated, and how traders utilize this tool to make informed decisions. Is it a real-time representation of liquidation events, or does it offer historical data as well? And how does it help traders anticipate potential market movements or risks?

What is the liquidation heatmap by coinglass?

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