If Bitcoin breaks $72,000, the mainstream CEX aggregated short liquidation volume will reach $726 million

BlockBeats News, February 10th, according to Coinglass data, if Bitcoin breaks through $72,000, the mainstream CEX's cumulative short liquidation intensity will reach $726 million.

Conversely, if Bitcoin falls below $68,000, the mainstream CEX's cumulative long liquidation intensity will reach $885 million.

BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of the liquidated contracts. 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 shows to what extent the price of the underlying asset will be affected when it reaches a certain level. A higher "liquidation bar" indicates that when the price reaches that level, a more intense reaction will occur due to a liquidity cascade.