If Bitcoin breaks $89,000, the mainstream CEX aggregated short liquidation volume will reach 702 million.

BlockBeats News, December 17th, according to Coinglass data, if Bitcoin breaks through $89,000, the cumulative short liquidation intensity of mainstream CEX will reach 7.02 billion.

On the other hand, if Bitcoin falls below $85,000, the cumulative long liquidation intensity of mainstream CEX will reach 12.44 billion.

BlockBeats Note: The liquidation chart does not show 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, i.e., 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 trigger a more intense reaction due to a liquidity cascade.