Bitcoin's current mainstream CEX liquidation map: If it falls below $63,000, the cumulative long liquidation intensity will reach $378 million.

BlockBeats news, November 14th, according to Coinglass data, if Bitcoin falls below $63,000, the cumulative long liquidation intensity on mainstream CEXs will reach $378 million.

Conversely, if Bitcoin rebounds and breaks above $68,000, the cumulative short liquidation intensity on mainstream CEXs will reach $942 million.

BlockBeats note: The liquidation chart does not display the exact number of contracts to be liquidated, nor 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 degree 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.