If Bitcoin breaks $85,000, the mainstream CEX cumulative short liquidation pressure will reach $1.287 billion

BlockBeats News, April 3rd, according to Coinglass data, if Bitcoin rebounds above $85,000, the cumulative short liquidation strength of mainstream CEX will reach $1.287 billion.

On the other hand, if Bitcoin falls below $82,000, the cumulative long liquidation strength of mainstream CEX will reach $0.287 billion.

BlockBeats Note: The liquidation chart does not show the exact 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., strength.

Therefore, the liquidation chart shows to what extent the asset's price reaching a certain level will be affected. A higher "liquidation bar" indicates that the price reaching that point will experience a stronger reaction due to a liquidity cascade.