If Bitcoin drops below $92,000, the total liquidation strength of long positions on mainstream CEXs will reach 1.135 billion.

BlockBeats News, January 6th, according to Coinglass data, if Bitcoin drops below $92,000, the cumulative long liquidation strength on major CEXs will reach 11.35 billion.

Conversely, if Bitcoin breaks above $95,000, the cumulative short liquidation strength on major CEXs will reach 6.78 billion.

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

Therefore, the liquidation chart shows how much impact the price reaching a certain level will have. Higher “liquidation columns” indicate that once the price reaches that level, it will trigger a stronger reaction due to liquidity waves.