If Bitcoin falls below $88,000, the mainstream CEX long liquidation volume will reach $563 million.

BlockBeats News, November 20th, according to Coinglass data, if Bitcoin falls below $88,000, the cumulative long liquidation intensity of mainstream CEXs will reach 563 million.

Conversely, if Bitcoin breaks above $91,000, the cumulative short liquidation intensity of mainstream CEXs will reach 745 million.

BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to neighboring liquidation clusters, that is, 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 will experience a stronger reaction due to a liquidity surge.