If Bitcoin surpasses $97,000, the mainstream CEX total short liquidation volume will reach 726 million.

BlockBeats News, January 2nd, according to Coinglass data, if Bitcoin breaks through $97,000, the cumulative short liquidation intensity of mainstream CEXs will reach $726 million;

Conversely, if Bitcoin falls below $93,000, the cumulative long liquidation intensity of mainstream CEXs will reach $728 million.

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

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