BlockBeats News, February 20th, according to Coinglass data, if Bitcoin breaks through $100,000, the cumulative short liquidation intensity of mainstream CEXs will reach $386 million.
Conversely, if Bitcoin falls below $95,000, the cumulative long liquidation intensity of mainstream CEXs will reach $466 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 indicate the importance of each liquidation cluster relative to adjacent liquidation clusters, i.e., 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 cascade when it reaches that level.
