BlockBeats news, on December 25, according to Coinglass data, if Bitcoin breaks through $100,000, the cumulative short liquidation intensity on major CEXs will reach 254 million.
Conversely, if Bitcoin falls below $97,000, the cumulative long liquidation intensity on major CEXs will reach 296 million.
BlockBeats note: The liquidation chart does not show the exact number of contracts pending liquidation or the exact value of liquidated contracts. The columns on the liquidation chart actually indicate the significance, or intensity, of each liquidation cluster relative to nearby liquidation clusters.
Therefore, the liquidation chart shows to what extent the target price will be affected when it reaches a certain position. A higher 'liquidation column' indicates that once the price reaches that point, it will trigger a stronger reaction due to liquidity waves.
