If Bitcoin rises and breaks through $93,000, the cumulative short order liquidation intensity of mainstream CEX will reach $1.186 billion.

BlockBeats news, on November 18, according to Coinglass data, if Bitcoin rebounds and breaks through $93,000, the cumulative short order liquidation intensity on mainstream CEX will reach $1.186 billion. Conversely, if Bitcoin falls below $89,000, the cumulative long order liquidation intensity on mainstream CEX will reach $1.155 billion. Note from BlockBeats: The liquidation chart does not show 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 how much the target price reaching a certain position will be affected. A higher “liquidation bar” indicates that once the price reaches that point, it will elicit a stronger reaction due to liquidity waves.