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If Bitcoin falls below $86,000, the cumulative long order liquidation intensity on mainstream CEX will reach $1.017 billion.
According to Mars Finance, data from Coinglass shows that if Bitcoin falls below $86,000, the cumulative long order liquidation intensity on mainstream CEX will reach $1.017 billion. Conversely, if Bitcoin breaks above $90,000, the cumulative short order liquidation intensity on mainstream CEX will reach $677 million. Note: The liquidation chart does not display the exact number of contracts pending liquidation or the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster relative to nearby liquidation clusters, i.e., intensity. Therefore, the liquidation chart shows to what extent the underlying price reaching a certain position will be affected. A higher “liquidation bar” indicates that after the price reaches that point, it will react more strongly due to a wave of liquidity.