If Bitcoin falls below $88,000, the mainstream CEX long liquidation pressure will reach $617 million.

BlockBeats News, December 5th, according to Coinglass data, if Bitcoin falls below $88,000, the cumulative long liquidation intensity of mainstream CEXs will reach 617 million.

Conversely, if Bitcoin surpasses $92,000, the cumulative short liquidation intensity of mainstream CEXs will reach 455 million.

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

Therefore, the liquidation chart shows to what extent reaching a certain price level will have an impact. Higher "liquidation bars" indicate that the price reaching that level will trigger a more intense reaction due to a liquidity cascade.