Theo Mars Finance, Coinglass data shows that if Bitcoin drops below 91,000 USD, the intensity of liquidating accumulated long positions on major centralized exchanges (CEX) will reach 972 million USD. Conversely, if Bitcoin surpasses the 94,000 USD mark, the intensity of liquidating accumulated short positions on major CEX will reach 612 million USD. The liquidation chart does not accurately display the number of contracts awaiting liquidation, or the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster compared to neighboring clusters, meaning its strength. Therefore, the liquidation chart indicates the level of influence of a specific price level. Higher "liquidation bars" indicate that the price will react more strongly to the increase in liquidity as it reaches that level.#btc $BTC

BTC

87,271.11

-2.50%