If Bitcoin surpasses $95,000, the cumulative short liquidation intensity on major CEXs will reach $1.051 billion

BlockBeats News, December 4, according to Coinglass data, if bitcoin breaks through $95,000, the cumulative short liquidation intensity on major CEXs will reach 1.051 billions.

Conversely, if bitcoin falls below $91,000, the cumulative long liquidation intensity on major CEXs will reach 1.368 billions.

BlockBeats note: The liquidation chart does not show the exact number of contracts to be liquidated, nor the precise value of contracts being liquidated. The bars on the liquidation chart actually represent the relative importance, or intensity, of each liquidation cluster compared to adjacent clusters.

Therefore, the liquidation chart shows the extent to which the underlying price will be affected when it reaches a certain level. Higher "liquidation bars" indicate that once the price reaches that level, there will be a stronger reaction due to a wave of liquidity.