If Bitcoin breaks $92,000, mainstream CEX aggregate short liquidation strength will reach $1.15 billion

BlockBeats News, January 9th, according to Coinglass data, if Bitcoin breaks through $92,000, the mainstream CEX's cumulative short liquidation intensity will reach $1.15 billion.

Conversely, if Bitcoin falls below $89,000, the mainstream CEX's cumulative long liquidation intensity will reach $944 million.

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

Thus, the liquidation chart shows to what extent reaching a certain price level will be affected. A higher "liquidation bar" indicates that the price, when reached, will have a more intense reaction due to a liquidity cascade.