If Bitcoin falls below $80,000, the mainstream CEX's aggregated long liquidation amount will reach $383 million

BlockBeats News, March 12th, according to Coinglass data, if Bitcoin drops below $80,000, the cumulative long liquidation intensity of mainstream CEXs will reach 383 million.

Conversely, if Bitcoin surpasses $85,000, the cumulative short liquidation intensity of mainstream CEXs will reach 351 million.

BlockBeats Note: The liquidation chart does not precisely 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, in other words, intensity.

Therefore, the liquidation chart illustrates to what extent reaching a certain price level will have an impact. A higher "liquidation bar" indicates that the price reaching that level will experience a more intense reaction due to a liquidity cascade.