If Bitcoin drops below $84,000, the mainstream CEX's aggregated long liquidation volume will reach 915 million.

BlockBeats News, December 18th, according to Coinglass data, if Bitcoin falls below $84,000, the cumulative long liquidation strength of mainstream CEX will reach 915 million.

Conversely, if Bitcoin surpasses $89,000, the cumulative short liquidation strength of mainstream CEX will reach 1.463 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 represent the importance of each liquidation cluster relative to neighboring liquidation clusters, that is, the strength.

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