If Bitcoin drops to $92,000, the mainstream CEX long liquidation volume will reach 848 million.

BlockBeats News, November 18th, according to Coinglass data, if Bitcoin falls to $92,000, the cumulative long liquidation strength of major CEXs will reach $848 million.

Conversely, if Bitcoin breaks through $95,000, the cumulative short liquidation strength of major CEXs will reach $491 million.

BlockBeats Note: The liquidation chart does not display the exact number of contracts to be liquidated or the exact value of contracts to be liquidated. The bars on the liquidation chart actually show the relative importance of each liquidation cluster to adjacent liquidation clusters, i.e., strength.

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 generate a more intense reaction due to a liquidity cascade.