If Bitcoin drops below $90,000, the mainstream CEX's total long liquidation volume will reach 540 million.

BlockBeats News, November 19th, according to Coinglass data, if Bitcoin falls below $90,000, the cumulative long liquidation intensity of mainstream CEXs will reach 540 million.

On the contrary, if Bitcoin surpasses $93,000, the cumulative short liquidation intensity of mainstream CEXs will reach 1.605 billion.

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 represent the importance of each liquidation cluster relative to neighboring clusters, that is, intensity.

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