If Bitcoin breaks $100,000, the mainstream CEX total short liquidation volume will reach 396 million.

BlockBeats News, May 8th, according to Coinglass data, if Bitcoin breaks through $100,000, the cumulative short liquidation intensity of mainstream CEX will reach 396 million.

Conversely, if Bitcoin falls below $96,000, the cumulative long liquidation intensity of mainstream CEX will reach 305 million.

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