BlockBeats News, January 10th, according to Coinglass data, if Bitcoin falls below $90,000, the cumulative long liquidation intensity of mainstream CEXs will reach $629 million.
Conversely, if Bitcoin surpasses $96,000, the cumulative short liquidation intensity of mainstream CEXs will reach $471 million.
BlockBeats Note: The liquidation chart does not precisely depict the number of contracts awaiting liquidation or the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to adjacent clusters, that is, intensity.
Therefore, the liquidation chart shows to what extent reaching a certain price level will have an impact. A higher "liquidation bar" indicates that the price reaching that level will trigger a more intense response due to a liquidity cascade.