If Bitcoin falls below $86,000, the mainstream CEX long liquidation volume will reach 662 million.

BlockBeats News, December 15th, according to Coinglass data, if Bitcoin falls below $86,000, the cumulative long liquidation intensity on mainstream CEXs will reach $662 million.

Conversely, if Bitcoin surpasses $89,000, the cumulative short liquidation intensity on mainstream CEXs will only be $240 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, intensity.

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