If Bitcoin breaks $98,000, the mainstream CEX cumulative short liquidation intensity will reach 390 million.

BlockBeats News, May 1st, according to Coinglass data, if Bitcoin breaks through $98,000, the cumulative short liquidation intensity of mainstream CEX will reach 390 million.

Conversely, if Bitcoin falls below $94,000, the cumulative long liquidation intensity of mainstream CEX will reach 270 million.

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

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