BlockBeats News, April 8, according to Coinglass data, if Bitcoin breaks through $82,000, the cumulative short liquidation intensity of mainstream CEX will reach 633 million.
Conversely, if Bitcoin falls below $79,000, the cumulative long liquidation intensity of mainstream CEX will reach 375 million.
BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of contracts to be liquidated. The bars on the liquidation chart actually show the relative importance of each liquidation cluster to adjacent liquidation clusters, that is, the intensity.
Therefore, the liquidation chart shows to what extent the asset price will be affected when it reaches a certain position. A higher "liquidation bar" indicates that the price will have a more intense reaction due to a liquidity cascade once it reaches that level.
