If Bitcoin falls below $78,000, the mainstream CEX long liquidation volume will reach 374 million.

BlockBeats News Update, April 10th, according to Coinglass data, if Bitcoin falls below $78,000, the cumulative long liquidation intensity on mainstream CEXs will reach $374 million.

Conversely, if Bitcoin surpasses $82,000, the cumulative short liquidation intensity on mainstream CEXs will reach $281 million.

BlockBeats Note: The liquidation chart does not display the exact number of contracts to be liquidated or the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster relative to neighboring ones, i.e., intensity.

Therefore, the liquidation chart illustrates to what extent the price of the underlying asset will be impacted when it reaches a certain level. A higher "liquidation bar" indicates that the price reaching that level will trigger a more intense reaction due to a liquidity cascade.