If Bitcoin surpasses $80,000, the mainstream CEX cumulative short liquidation intensity will reach 7.86 billion

BlockBeats News, February 3rd, according to Coinglass data, if Bitcoin breaks through $80,000, the total short liquidation intensity of mainstream CEXs will reach $786 million.

Conversely, if Bitcoin falls below $77,000, the total long liquidation intensity of mainstream CEXs will reach $877 million.

BlockBeats Note: The liquidation chart does not show the exact number of contracts awaiting liquidation or the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the significance 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 the price reaching that level will trigger a more intense response due to a liquidity cascade.