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If Bitcoin drops below $95,000, the mainstream CEX long liquidation pressure will reach 146 million.

BlockBeats News, February 13th, according to Coinglass data, if Bitcoin falls below $95,000, the cumulative long liquidation strength of mainstream CEXs will reach 146 million.


Conversely, if Bitcoin breaks above $98,000, the cumulative short liquidation strength of mainstream CEXs will reach 204 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 show the importance of each liquidation cluster relative to the adjacent liquidation cluster, i.e., strength.


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 the price will have a more intense reaction due to a liquidity cascade when it reaches that level.

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