BlockBeats News, March 28th, according to Coinglass data, if Bitcoin falls below $82,000, the cumulative long liquidation intensity on mainstream CEXs will reach 327 million.
Conversely, if Bitcoin surpasses $86,000, the cumulative short liquidation intensity on mainstream CEXs will reach 241 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 importance of each liquidation cluster relative to adjacent liquidation clusters, i.e., intensity.
Therefore, the liquidation chart shows to what extent the asset's price reaching a certain level will be affected. Higher "liquidation bars" indicate that the price reaching that level will generate a more intense reaction due to a liquidity cascade.