If Bitcoin breaks through 80,000 USD, the cumulative short liquidation intensity of mainstream CEX will reach 1.063 billion

According to Coinglass data, if Bitcoin breaks through $80,000, the cumulative short liquidation intensity on major CEXs will reach $1.063 billion. Conversely, if Bitcoin falls below $76,000, the cumulative long liquidation intensity on major CEXs will reach $296 million.

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 significance of each liquidation cluster relative to nearby liquidation clusters, i.e., intensity. 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.