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If Bitcoin breaks through $90,000, the cumulative short order liquidation intensity of mainstream CEX will reach 713 million.
On December 2, according to Coinglass data, if Bitcoin breaks through $90,000, the cumulative short order liquidation intensity on mainstream CEX will reach $713 million. Conversely, if Bitcoin falls below $86,000, the cumulative long order liquidation intensity on mainstream CEX will reach $575 million. BlockBeats notes: The liquidation chart does not show the exact number of contracts pending liquidation or the exact value of liquidated contracts. The columns on the liquidation chart actually display the importance of each liquidation cluster relative to nearby liquidation clusters, that is, intensity. Therefore, the liquidation chart shows the extent to which the underlying price will be affected when it reaches a certain position. A higher “liquidation column” indicates that after the price reaches that point, it will react more strongly due to liquidity waves.