If Bitcoin drops below $100,000, the mainstream CEX's total long liquidation volume will reach $922 million.

BlockBeats News, November 14th, according to Coinglass data, if Bitcoin falls below $100,000, the cumulative long liquidation intensity of mainstream CEXs will reach $922 million.

On the contrary, if Bitcoin surpasses $102,000, the cumulative short liquidation intensity of mainstream CEXs will reach $295 million.

BlockBeats Note: The liquidation chart does not display 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 importance of each liquidation cluster relative to neighboring liquidation clusters, that is, the intensity.

Therefore, the liquidation chart shows to what extent the price of the underlying asset will be affected when it reaches a certain position. Higher "liquidation bars" indicate that the price, once reached, will experience a more intense reaction due to a liquidity cascade.