If Bitcoin drops below $80,000, the mainstream CEX long liquidation pressure will reach 169 million.

BlockBeats News, March 10th, according to Coinglass data, if Bitcoin falls below $80,000, the cumulative long liquidation intensity of mainstream CEXs will reach 169 million.

Conversely, if Bitcoin surpasses $83,000, the cumulative short liquidation intensity of mainstream CEXs will reach 469 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 neighboring 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. Higher "liquidation bars" indicate that when the price reaches that point, a more intense reaction will occur due to a liquidity cascade.