If Bitcoin falls below $90,000, the cumulative long liquidation intensity of major CEX will reach $540 million.

BlockBeats news, on November 19, according to Coinglass data, if Bitcoin falls below $90,000, the cumulative long liquidation intensity of major CEX will reach $540 million.

Conversely, if Bitcoin breaks above $93,000, the cumulative short liquidation intensity of major CEX will reach $1.605 billion.

BlockBeats note: The liquidation chart does not display the exact number of contracts pending liquidation or the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the relative significance, or intensity, of each liquidation cluster compared to nearby liquidation clusters.

Therefore, the liquidation chart shows to what extent the underlying price reaching a certain position will be affected. A higher 'liquidation bar' indicates that once the price reaches that level, there will be a stronger reaction due to liquidity waves.