BlockBeats News, on December 21, according to Coinglass data, if Bitcoin falls below $95,000, the cumulative long liquidation intensity on mainstream CEX will reach $390 million.
Conversely, if Bitcoin breaks through $100,000, the cumulative short liquidation intensity on mainstream CEX will reach $322 million.
BlockBeats Note: The liquidation map does not display the exact number of contracts pending liquidation or the exact value of contracts being liquidated. The pillars on the liquidation map actually show the importance, or intensity, of each liquidation cluster relative to nearby liquidation clusters.
Therefore, the liquidation map shows to what extent the target price will be affected when it reaches a certain position. A higher 'liquidation pillar' indicates that there will be a stronger reaction due to liquidity waves once the price reaches that point.
