If Bitcoin breaks $90,000, mainstream CEX total short liquidation volume will reach 7.09 billion

BlockBeats News, December 31st, according to Coinglass data, if Bitcoin breaks through $90,000, the cumulative short liquidation intensity on mainstream CEXs will reach $709 million.

On the other hand, if Bitcoin falls below $87,000, the cumulative long liquidation intensity on mainstream CEXs will reach $823 million.

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

Therefore, the liquidation chart shows to what extent reaching a certain price level will have an impact. A higher "liquidation bar" indicates that the price reaching that level will generate a more intense response due to a liquidity cascade.