If Bitcoin surpasses $97,000, the mainstream CEX's cumulative short liquidation strength will reach 645 million.

BlockBeats News, January 18th, according to Coinglass data, if Bitcoin breaks through $97,000, the mainstream CEX's total short liquidation intensity will reach $645 million.

Conversely, if Bitcoin falls below $93,000, the mainstream CEX's total long liquidation intensity will reach $752 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 show the importance of each liquidation cluster relative to neighboring liquidation clusters, i.e., intensity.

Therefore, the liquidation chart shows to what extent reaching a certain price level will be impacted. A higher "liquidation bar" indicates that the price hitting that level will trigger a more intense reaction due to a liquidity cascade.