If Bitcoin breaks through $86,000, the mainstream CEX aggregate short liquidation intensity will reach 9.12 billion

BlockBeats News, April 18th, according to Coinglass data, if Bitcoin breaks through $86,000, the total short liquidation intensity of major CEXs will reach $9.12 billion.

On the other hand, if Bitcoin falls below $83,000, the total long liquidation intensity of major CEXs will reach $14.55 billion.

BlockBeats Note: The liquidation chart does not show the precise 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 underlying price 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 surge.