If Bitcoin breaks $85,000, the mainstream CEX total short liquidation volume will reach $744 million.

BlockBeats News, March 17th, according to Coinglass data, if Bitcoin breaks through $85,000, the cumulative short liquidation intensity of mainstream CEXs will reach $7.44 billion.

Conversely, if Bitcoin falls below $82,000, the cumulative long liquidation intensity of mainstream CEXs will reach $4.14 billion.

BlockBeats Note: The liquidation chart does not accurately show the number of contracts to be liquidated or the exact value of the liquidated contracts. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to nearby 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 the price will have a stronger reaction due to a liquidity cascade when it reaches that level.