If Bitcoin drops below $95,000, the mainstream CEX liquidation volume will reach $623 million.

BlockBeats News, May 3rd, according to Coinglass data, if Bitcoin falls below $95,000, the cumulative long liquidation intensity of mainstream CEXs will reach 623 million.

Conversely, if Bitcoin surpasses $97,000, the cumulative short liquidation intensity of mainstream CEXs will reach 242 million.

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

Therefore, the liquidation chart shows to what extent reaching a certain price level will impact the market. A higher "liquidation bar" indicates that the price reaching that level will trigger a more pronounced reaction due to a liquidity cascade.