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If Bitcoin breaks $95,000, the cumulative short liquidation intensity on major CEXs will reach $1.051 billion.
On December 4, according to Coinglass data, if Bitcoin surpasses $95,000, the cumulative short liquidation intensity on major CEXs will reach $1.051 billion. Conversely, if Bitcoin falls below $91,000, the cumulative long liquidation intensity on major CEXs will reach $1.368 billion. BlockBeats note: The liquidation chart does not show the exact number of contracts pending liquidation, 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 nearby clusters. Therefore, the chart demonstrates the extent to which the underlying price reaching a certain level will have an impact. A higher “liquidation bar” indicates that once the price reaches that level, there will be a stronger reaction due to a liquidity wave.