If Bitcoin drops below $85,000, the mainstream CEX long liquidation pressure will reach $1.106 billion

BlockBeats News, January 26th, according to Coinglass data, if Bitcoin falls below $85,000, the collective long liquidation intensity of mainstream CEXs will reach $1.106 billion.

Conversely, if Bitcoin surpasses $90,000, the collective short liquidation intensity of mainstream CEXs will reach $1.584 billion.

BlockBeats Note: The liquidation chart does not display the exact number of contracts to be liquidated or the exact value of contracts to be 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 have an impact. A higher "liquidation bar" indicates that once the price reaches that level, there will be a stronger reaction due to a liquidity cascade.