ChainCatcher news, according to Coinglass data, if Bitcoin breaks above $89,000, the cumulative short liquidation intensity on mainstream CEXs will reach $399 million. Conversely, if Bitcoin falls below $86,000, the cumulative long liquidation intensity on mainstream CEXs will reach $556 million.
Note: The liquidation chart does not show the exact number of contracts awaiting liquidation or the precise value of contracts being liquidated. The bars on the liquidation chart actually represent the importance, i.e., intensity, of each liquidation cluster relative to adjacent clusters. Therefore, the liquidation chart illustrates the extent to which the underlying price reaching a certain level will be affected. A higher ‘liquidation bar’ indicates that once the price reaches that point, there will be a more intense reaction due to liquidity waves.
