Bitcoin price fluctuations may trigger liquidation of long and short orders on mainstream CEXs

According to BlockBeats, on November 19, Coinglass data showed that if Bitcoin falls below $90,000, the cumulative long order liquidation intensity of mainstream CEX will reach 540 million.

On the contrary, if Bitcoin breaks through $93,000, the cumulative short order liquidation intensity of mainstream CEX will reach 1.605 billion.

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.