If Bitcoin falls below $94,000, the mainstream CEX cumulative long liquidation intensity will reach 442 million.

BlockBeats News, January 17th, according to Coinglass data, if Bitcoin falls below $94,000, the cumulative long liquidation strength of mainstream CEX will reach $442 million.

On the contrary, if Bitcoin surpasses $96,000, the cumulative short liquidation strength of mainstream CEX will reach $250 million.

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

Therefore, the liquidation chart shows to what extent the price of the underlying asset will be affected when it reaches a certain level. A higher "liquidation bar" indicates that the price will experience a more intense reaction due to a liquidity cascade once it reaches that point.