If Bitcoin surpasses $90,000, the mainstream CEX cumulative short liquidation volume will reach $1.08 billion

BlockBeats News, December 19th, according to Coinglass data, if Bitcoin breaks through $90,000, the cumulative short liquidation intensity of mainstream CEXs will reach $1.08 billion.

Conversely, if Bitcoin falls below $86,000, the cumulative long liquidation intensity of mainstream CEXs will reach $780 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 neighboring clusters, known as 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 point will trigger a more intense response due to a liquidity cascade.