If Bitcoin drops below $80,000, the mainstream CEX long liquidation pressure will reach $402 million.

BlockBeats News, February 1st, according to Coinglass data, if Bitcoin drops below $80,000, the cumulative long liquidation intensity of mainstream CEXs will reach $402 million.

Conversely, if Bitcoin surpasses $85,000, the cumulative short liquidation intensity of mainstream CEXs will reach $1.543 billion.

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 adjacent liquidation clusters, i.e., intensity.

Therefore, the liquidation chart illustrates to what extent reaching a certain price level will impact the market. Higher "liquidation bars" indicate that once the price reaches that level, there will be a more intense reaction due to a liquidity cascade.