If Bitcoin breaks $80,000, the mainstream CEX cumulative short liquidation pressure will reach 170 million.

BlockBeats News, November 10th, according to Coinglass data, if Bitcoin breaks through $80,000, the cumulative short liquidation intensity of mainstream CEX will reach 170 million.

Conversely, if Bitcoin falls below $78,000, the cumulative long liquidation intensity of mainstream CEX will reach 240 million.

BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of the contracts to be liquidated. The bars on the liquidation chart actually show the relative importance of each liquidation cluster to the adjacent liquidation cluster, that is, the intensity.

Therefore, the liquidation chart shows to what extent the target price will be affected when it reaches a certain position. A higher "liquidation bar" indicates that the price will have a more intense reaction due to a liquidity surge once it reaches that level.