If Bitcoin breaks $97,000, the mainstream CEX cumulative short liquidation pressure will reach $483 million.

BlockBeats News, December 26th, according to Coinglass data, if Bitcoin breaks through $97,000, the cumulative short liquidation intensity of mainstream CEX will reach $483 million.

Conversely, if Bitcoin falls below $95,000, the cumulative long liquidation intensity of mainstream CEX will reach $272 million.

BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of the liquidated contracts. The bars on the liquidation chart actually show the importance of each liquidation cluster relative to adjacent liquidation clusters, that is, 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 stronger reaction due to a liquidity cascade when it reaches that level.