If Bitcoin rises above $92,000, the mainstream CEX cumulative short liquidation pressure will reach $1.489 billion

BlockBeats News, January 21st, according to Coinglass data, if Bitcoin rises above $92,000, the cumulative short liquidation strength of mainstream CEX will reach $1.489 billion.

Conversely, if Bitcoin falls below $87,000, the cumulative long liquidation strength of mainstream CEX will be $806 million.

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

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