If Bitcoin breaks $89,000, the mainstream CEX cumulative short liquidation pressure will reach 600 million.

BlockBeats News, December 27th, according to Coinglass data, if Bitcoin breaks through $89,000, the cumulative short liquidation intensity of mainstream CEX will reach 600 million.

Conversely, if Bitcoin falls below $86,000, the cumulative long liquidation intensity of mainstream CEX will reach 421 million.

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, 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 once the price reaches that level, a more intense reaction will occur due to a liquidity frenzy.