If Bitcoin drops below $95,000, the mainstream CEX long liquidation force will reach 229 million.

BlockBeats News, February 16th, according to Coinglass data, if Bitcoin falls below $95,000, the cumulative long liquidation intensity of mainstream CEXs will reach 229 million.

Conversely, if Bitcoin surpasses $99,000, the cumulative short liquidation intensity of mainstream CEXs will reach 160 million.

BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of contracts to be liquidated. The bars on the liquidation chart actually represent the relative importance of each liquidation cluster to adjacent liquidation clusters, that is, intensity.

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