If Bitcoin drops below $87,000, the mainstream CEX long liquidation pressure will reach 216 million.

BlockBeats News, March 7th, according to Coinglass data, if Bitcoin falls below $87,000, the cumulative long liquidation intensity of mainstream CEX will reach 216 million.

On the other hand, if Bitcoin surpasses $91,000, the cumulative short liquidation intensity of mainstream CEX will reach 190 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 adjacent liquidation clusters, in other words, the intensity.

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