BlockBeats news, on December 25, according to Coinglass data, if Bitcoin breaks through 100,000 USD, the cumulative short liquidation intensity on mainstream CEX will reach 254 million.
Conversely, if Bitcoin falls below 97,000 USD, the cumulative long liquidation intensity on mainstream CEX will reach 296 million.
BlockBeats note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of the contracts being liquidated. The pillars on the liquidation chart actually represent the importance, or intensity, of each liquidation cluster relative to nearby liquidation clusters.
Therefore, the liquidation chart shows the extent to which the target price will be affected when it reaches a certain position. A higher "liquidation pillar" indicates that once the price reaches that point, it will respond more intensely due to liquidity waves.
