According to BlockBeats, on November 6, Coinglass data showed that if Bitcoin breaks through its historical high, the cumulative short order liquidation intensity of mainstream CEX will reach 215 million.
On the contrary, if Bitcoin falls below $68,000, the cumulative long order liquidation intensity of mainstream CEX will reach 484 million.
The liquidation chart shows the level of impact when the price reaches a certain position, and higher liquidation bars mean that the price change will trigger a stronger market reaction.
