If Bitcoin falls below $86,000, the combined long liquidation volume of mainstream CEXs will reach 648 million.

BlockBeats News, March 28th, according to Coinglass data, if Bitcoin falls below $86,000, the cumulative long liquidation intensity of mainstream CEXs will reach $648 million.

Conversely, if Bitcoin surpasses $88,000, the cumulative short liquidation intensity of mainstream CEXs will reach $515 million.

BlockBeats Note: The liquidation chart does not accurately display the number of contracts awaiting liquidation or the precise value of contracts being liquidated. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to adjacent liquidation clusters, i.e., intensity.

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