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If Bitcoin falls below $86,000, the total liquidation strength of long positions on mainstream CEXs will reach 514 million.
On December 15, according to Coinglass data, if Bitcoin falls below $86,000, the cumulative long liquidation intensity on major CEXs will reach 514 million. Conversely, if Bitcoin breaks above $90,000, the cumulative short liquidation intensity on major CEXs will reach 417 million. BlockBeats Note: The liquidation chart does not display the exact number of contracts pending liquidation or the precise value of contracts being liquidated. The bars on the liquidation chart represent the relative importance of each liquidation cluster compared to nearby clusters, i.e., the intensity. Therefore, the chart shows how much the price will be affected when it reaches a certain level. Higher “liquidation bars” indicate that the price will react more strongly due to liquidity waves once reached.