If Bitcoin drops below $93,000, the mainstream CEX cumulative long liquidation intensity will reach 524 million.

BlockBeats News, May 5th, according to Coinglass data, if Bitcoin falls below $93,000, the cumulative long liquidation intensity of mainstream CEXs will reach $524 million.

Conversely, if Bitcoin surpasses $95,000, the cumulative short liquidation intensity of mainstream CEXs will reach $345 million.

BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of the liquidated contracts. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to adjacent liquidation clusters, i.e., 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, when reached, will experience a more intense reaction due to a liquidity cascade.