If Bitcoin drops below $90,000, the mainstream CEX's cumulative long liquidation intensity will reach $1.355 billion

BlockBeats News, January 13th, according to Coinglass data, if Bitcoin falls below $90,000, the cumulative long liquidation intensity of mainstream CEXs will reach $1.355 billion.

Conversely, if Bitcoin surpasses $96,000, the cumulative short liquidation intensity of mainstream CEXs will reach $840 million.

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

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