If Bitcoin falls below $93,000, the mainstream CEXs' total long liquidation volume will reach 341 million.

BlockBeats News, November 25th, according to Coinglass data, if Bitcoin drops below $93,000, the cumulative long liquidation intensity of mainstream CEX will reach 341 million.

On the contrary, if Bitcoin breaks through $97,000, the cumulative short liquidation intensity of mainstream CEX will reach 308 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 relative importance of each liquidation cluster to adjacent liquidation clusters, that is, intensity.

Therefore, the liquidation chart shows to what extent the price of the underlying asset will be affected when it reaches a certain position. Higher "liquidation bars" indicate that when the price reaches that level, a more intense reaction will occur due to the liquidity surge.