If Bitcoin breaks through $82,000, the cumulative short liquidation intensity on mainstream CEXs will reach $337 million.

BlockBeats news, November 5th, according to Coinglass data, if Bitcoin breaks through $82,000, the cumulative short position liquidation intensity on mainstream CEXs will reach $337 million.

Conversely, if Bitcoin falls below $79,000, the cumulative long position liquidation intensity on mainstream CEXs will reach $919 million.

BlockBeats note: The liquidation chart does not show the exact number of contracts to be liquidated, or the exact value of contracts to be liquidated. The bars on the liquidation chart actually show the importance of each liquidation cluster relative to adjacent liquidation clusters, i.e., intensity.

Therefore, the liquidation chart shows the extent to which the underlying price will be affected when it reaches a certain level. A higher "liquidation bar" indicates that a stronger reaction will occur due to a liquidity wave when the price reaches that level.