BlockBeats News, January 10th, according to Coinglass data, if Bitcoin breaks through $96,000, the cumulative short liquidation intensity of mainstream CEXs will reach $1.228 billion;
Conversely, if Bitcoin falls below $92,000, the cumulative long liquidation intensity of mainstream CEXs will reach $630 million.
BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of liquidated contracts. The bars on the liquidation chart actually show the importance of each liquidation cluster relative 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 experience a more intense response due to a liquidity surge.