If Bitcoin breaks $83,000, the mainstream CEX's cumulative short liquidation pressure will reach $455 million.

BlockBeats News, August 25th, according to Coinglass data, if Bitcoin surpasses $83,000, the cumulative short liquidation intensity on major CEXs will reach $455 million.

Conversely, if Bitcoin falls below $79,000, the cumulative long liquidation intensity on major CEXs will reach $198 million.

BlockBeats Note: The liquidation chart does not display 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 importance of each liquidation cluster relative to neighboring liquidation clusters, i.e., intensity.

Therefore, the liquidation chart shows to what extent the underlying price will be impacted when it reaches a certain level. A higher "liquidation bar" indicates that the price will have a more intense reaction due to a liquidity cascade when it reaches that point.