According to ChainCatcher, Coinglass data shows that if Bitcoin drops below $86,000, the total liquidation intensity of long positions on major centralized exchanges (CEX) will reach $514 million. Conversely, if Bitcoin surpasses the $90,000 mark, the total liquidation intensity of short orders on major CEX will reach $417 million.

Note: 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 represent the significance or strength of each liquidation cluster compared to neighboring clusters. Therefore, the liquidation chart shows the degree of price impact when the asset reaches a certain level. Higher "liquidation bars" indicate that the price will react more strongly to increased liquidity as it reaches that level.#btc $BTC

BTC

86,419

+0.11%