If Bitcoin falls below $82,000, the mainstream CEX long liquidation volume will reach $1.285 billion

BlockBeats News, November 22, according to Coinglass data, if Bitcoin falls below $82,000, the cumulative long liquidation intensity of mainstream CEXs will reach $1.285 billion.

Conversely, if Bitcoin breaks through $86,000, the cumulative short liquidation intensity of mainstream CEXs will reach $760 million.

BlockBeats Note: The liquidation chart does not show the exact number of contracts awaiting liquidation or the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the relative importance of each liquidation cluster to the adjacent clusters, i.e., the intensity.

Therefore, the liquidation chart shows to what extent the price of an asset will be affected when it reaches a certain level. A higher "liquidation bar" indicates that once the price reaches that level, it will generate a more intense response due to a liquidity cascade.