If Bitcoin breaks $72,000, mainstream CEX aggregate short liquidation intensity will reach 474 million

BlockBeats News, February 14th, according to Coinglass data, if Bitcoin breaks through $72,000, the total short liquidation intensity of mainstream CEX will reach 474 million.

Conversely, if Bitcoin falls below $68,000, the total long liquidation intensity of mainstream CEX will reach 859 million.

BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the relative importance of each liquidation cluster to adjacent liquidation clusters, that is, the 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 the price reaching that level will trigger a more intense reaction due to a liquidity cascade.