If Bitcoin falls below $86,000, the total liquidation intensity of long positions on major CEXs will reach $565 million.

12/29 14:20

 according to Coinglass data, if Bitcoin falls below $86,000, the cumulative long liquidation intensity on mainstream CEXs will reach 565 million. Conversely, if Bitcoin breaks above $89,000, the cumulative short liquidation intensity on mainstream CEXs will reach 918 million.Note: The liquidation chart does not display the exact number of contracts to be liquidated, nor the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the relative importance of each liquidation cluster compared to nearby clusters, i.e., the intensity. Therefore, the liquidation chart shows the extent to which the underlying price reaching a certain level will be affected. Higher "liquidation bars" indicate that when the price reaches that level, there will be a stronger reaction due to liquidity waves.
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