BlockBeats News, September 23rd, CryptoQuant analyst Axel Adler Jr tweeted, stating, “The risk of further downside pressure from liquidation is moderate. The net amount of liquidation is still negative around -40 million, reflecting continued long liquidation and maintaining downward pressure. However, the liquidation intensity Z-score (365 days) is neutral/medium, indicating that there is currently no systemic risk. The market is facing headwinds, but lacks the momentum for a deep sell-off triggered by liquidation.”
