BlockBeats News, January 26, according to Coinglass data, if Bitcoin falls below $85,000, the cumulative long liquidation intensity on mainstream CEX will reach 1.106 billion.
Conversely, if Bitcoin breaks through $90,000, the cumulative short liquidation intensity on mainstream CEX will reach 1.584 billion.
BlockBeats Note: The liquidation chart does not display the exact number of contracts pending liquidation or the exact value of contracts being liquidated. The bars on the liquidation chart actually show the importance of each liquidation cluster relative to nearby liquidation clusters, i.e., intensity.
Therefore, the liquidation chart shows the extent to which the underlying price reaching a certain position will be affected. Higher 'liquidation bars' indicate that once the price reaches that point, there will be a stronger reaction due to liquidity waves.
