If Bitcoin falls below $84,000, the mainstream CEX long liquidation volume will reach 862 million.

BlockBeats News, April 2nd, according to Coinglass data, if Bitcoin falls below $84,000, the cumulative long liquidation intensity of mainstream CEXs will reach 8.62 billion.

On the contrary, if Bitcoin surpasses $86,000, the cumulative short liquidation intensity of mainstream CEXs will reach 6.65 billion.

BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of contracts being liquidated. The bars on the liquidation chart actually show the importance of each liquidation cluster relative to neighboring liquidation clusters, that is, the 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, once reached, will experience a more intense reaction due to a liquidity cascade.