If Bitcoin breaks $89,000, the mainstream CEX cumulative short liquidation pressure will reach 399 million.

BlockBeats News, December 29th, according to Coinglass data, if Bitcoin breaks through $89,000, the cumulative short liquidation intensity of mainstream CEXs will reach $399 million.

Conversely, if Bitcoin falls below $86,000, the cumulative long liquidation intensity of mainstream CEXs will reach $556 million.

BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of the contracts to be liquidated. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to adjacent liquidation clusters, i.e., intensity.

Therefore, the liquidation chart shows to what extent reaching a certain price level will be impacted. A higher "liquidation bar" indicates that the price reaching that level will trigger a more intense reaction due to a liquidity cascade.