If Bitcoin drops below $93,000, the mainstream CEX long liquidation pressure will reach $1.218 billion

BlockBeats News, January 14th, according to Coinglass data, if Bitcoin falls below $93,000, the cumulative long liquidation intensity of mainstream CEXs will reach $1.218 billion.

Conversely, if Bitcoin surpasses $97,000, the cumulative short liquidation intensity of mainstream CEXs will reach $548 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 adjacent clusters, i.e., intensity.

Therefore, the liquidation chart shows to what extent reaching a certain price level will impact. A higher "liquidation bar" indicates that the price, once reached, will experience a more intense reaction due to a liquidity surge.