If Bitcoin breaks $88,000, the mainstream CEX cumulative short liquidation strength will reach 842 million.

BlockBeats News, March 2nd, according to Coinglass data, if Bitcoin breaks through $88,000, the cumulative short liquidation intensity of mainstream CEX will reach 842 million.

Conversely, if Bitcoin falls below $85,000, the cumulative long liquidation intensity of mainstream CEX will reach 390 million.

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

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