If Bitcoin surpasses $100,000, the mainstream CEX total short liquidation volume will reach $1.381 billion

BlockBeats News, November 22nd, according to Coinglass data, if Bitcoin breaks through $100,000, the cumulative short liquidation intensity of mainstream CEXs will reach $1.381 billion.

Conversely, if Bitcoin falls below $97,000, the cumulative long liquidation intensity of mainstream CEXs will reach $1.028 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 relative importance of each liquidation cluster to adjacent liquidation clusters, i.e., intensity.

Therefore, the liquidation chart shows to what extent the price of the underlying asset will be affected 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 once it reaches that level.