If Bitcoin drops below $95,000, the cumulative long liquidation pressure on major CEXes will reach 390 million.

BlockBeats News, December 21st, according to Coinglass data, if Bitcoin falls below $95,000, the cumulative long liquidation intensity on mainstream CEXs will reach 390 million.

On the other hand, if Bitcoin surpasses $100,000, the cumulative short liquidation intensity on mainstream CEXs will reach 322 million.

BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of the contracts to be liquidated. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to adjacent liquidation clusters, i.e., the 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 when it reaches that level.