If Bitcoin breaks $80,000, the mainstream CEX cumulative short liquidation pressure will reach $619 million.

BlockBeats News, April 26th, according to Coinglass data, if Bitcoin breaks through $80,000, the total short liquidation strength of mainstream CEX will reach $619 million.

Conversely, if Bitcoin falls below $76,000, the total long liquidation strength of mainstream CEX will reach $645 million.

BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of the contracts to be liquidated. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to adjacent liquidation clusters, that is, the strength.

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 generate a stronger reaction due to a liquidity cascade.