If Bitcoin rebounds above $92,000, the mainstream CEX aggregate short liquidation volume will reach $1.489 billion

As of January 21st, Coinglass data shows that if Bitcoin rebounds above $97,000, cumulative short liquidation strength across major centralized exchanges (CEXs) will hit $1.489 billion. Conversely, a drop below $87,000 would trigger $806 million in cumulative long liquidation strength for these same major CEXs. BlockBeats Note: Liquidation charts do not display the exact number or value of contracts at risk of liquidation. Instead, the bars represent the relative importance of each liquidation cluster compared to adjacent clusters—referred to as "strength." This means the chart illustrates how significantly the underlying asset’s price will be impacted when it hits a specific level. Higher liquidation bars indicate that reaching that price point will spark a more intense reaction due to a liquidity cascade.