If Bitcoin surpasses $65,000, the mainstream CEX total short liquidation volume will reach $454 million.

BlockBeats News, June 20th, according to Coinglass data, if Bitcoin breaks above $65,000, the cumulative short liquidation intensity on mainstream CEXs will reach $454 million.

Conversely, if Bitcoin drops below $62,000, the cumulative long liquidation intensity on mainstream CEXs will reach $581 million.

BlockBeats Note: The liquidation chart does not display the exact number of contracts awaiting liquidation or the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to adjacent liquidation clusters, that is, the 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 generate a more intense reaction due to a liquidity cascade.