BlockBeats News, April 23rd, according to Coinglass data, if Bitcoin breaks through $95,000, the cumulative short liquidation intensity of mainstream CEX will reach 163 million.
Conversely, if Bitcoin falls below $93,000, the cumulative long liquidation intensity of mainstream CEX will reach 68.45 million.
BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of the contracts to be liquidated. The bars on the liquidation chart actually show the importance of each liquidation cluster relative to neighboring liquidation clusters, i.e., intensity.
Therefore, the liquidation chart shows to what extent the asset price will be affected when it reaches a certain position. A higher "liquidation bar" indicates that the price will react more strongly due to a liquidity cascade when it reaches that level.