If Bitcoin breaks $94,000, mainstream CEX aggregate short liquidation pressure will reach 465 million

BlockBeats News, January 5th, according to Coinglass data, if Bitcoin breaks through $94,000, the total short liquidation intensity of mainstream CEX will reach 465 million.

Conversely, if Bitcoin downward breaks below $91,000, the total long liquidation intensity of mainstream CEX will reach 621 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 show the importance of each liquidation cluster relative to neighboring liquidation clusters, that is, the intensity.

Therefore, the liquidation chart shows to what extent the target price will be affected when it reaches a certain level. Higher "liquidation bars" indicate that the price will experience a stronger reaction due to a liquidity cascade when it reaches that level.