If Bitcoin drops below $89,000, the mainstream CEX long liquidation pressure will reach 836 million.

BlockBeats News, November 18th, according to Coinglass data, if Bitcoin falls below $89,000, the cumulative long liquidation intensity of mainstream CEX will reach 836 million.

Conversely, if Bitcoin surpasses $91,000, the cumulative short liquidation intensity of mainstream CEX will reach 251 million.

BlockBeats Note: The liquidation chart does not accurately display the number of contracts waiting to be liquidated or the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the relative importance of each liquidation cluster to the adjacent clusters, i.e., intensity.

Therefore, the liquidation chart shows to what extent the asset price reaching a certain level will be impacted. A higher "liquidation bar" indicates that once the price reaches that level, a more intense reaction will occur due to a liquidity cascade.