If Bitcoin drops below $90,000, the mainstream CEX long liquidation volume will reach 540 million.

BlockBeats News, March 3rd, according to Coinglass data, if Bitcoin falls below $90,000, the cumulative long liquidation intensity of mainstream CEXs will reach $540 million.

On the contrary, if Bitcoin surpasses $95,000, the cumulative short liquidation intensity of mainstream CEXs will reach $361 million.

BlockBeats Note: The liquidation chart does not precisely show the number of contracts awaiting liquidation or the exact value of 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. Higher "liquidation bars" indicate that the price reaching that level will generate a more intense reaction due to a liquidity cascade.