CoinVoice recently learned that according to Coinglass data, if Bitcoin breaks through $64,000, the cumulative short order liquidation strength of mainstream CEX will reach 540 million. Conversely, if Bitcoin falls below $60,000, the cumulative long order liquidation strength of mainstream CEX will reach 708 million.
Therefore, the liquidation chart shows the extent to which the underlying price will be affected when it reaches a certain position. A higher "liquidation column" means that the price will react more strongly to the liquidity wave when it reaches that position. [Original link]
