If Bitcoin surpasses $96,000, the mainstream CEX cumulative short liquidation intensity will reach 1.168 billion

BlockBeats News, April 30th, according to Coinglass data, if Bitcoin breaks through $96,000, the cumulative short liquidation intensity of mainstream CEX will reach 1.168 billion.

On the contrary, if Bitcoin falls below $94,000, the cumulative long liquidation intensity of mainstream CEX will reach 449 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 indicate the importance of each liquidation cluster relative to adjacent liquidation clusters, that is, the intensity.

Therefore, the liquidation chart shows to what extent reaching a certain price level will be affected. A higher "liquidation bar" indicates that the price reaching that level will have a more intense reaction due to a liquidity cascade.