If Bitcoin drops below $95,000, the mainstream CEX long liquidation pressure will reach $671 million.

BlockBeats News, December 22, according to Coinglass data, if Bitcoin falls below $95,000, the cumulative long liquidation intensity of mainstream CEXs will reach 671 million.

Conversely, if Bitcoin surpasses $100,000, the cumulative short liquidation intensity of mainstream CEXs will reach 1.664 billion.

BlockBeats Note: The liquidation chart does not accurately display the number of contracts awaiting liquidation or the precise value of contracts being 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 impacted when it reaches a certain position. A higher "liquidation bar" indicates that the price reaching that level will trigger a more intense reaction due to a liquidity cascade.