If Bitcoin breaks above $83,000, the total Short Liquidation Volume on major CEXs will reach $596 million.

On March 14th, based on Coinglass data, if Bitcoin breaks through $83,000, the cumulative short liquidation intensity of mainstream CEX will amount to $596 million. Conversely, if Bitcoin drops below $81,000, the cumulative long liquidation intensity of mainstream CEX will reach $239 million. BlockBeats Notes: The liquidation chart does not disclose the exact number of contracts to be liquidated or the precise value of liquidated contracts. The bars on the liquidation chart actually represent the relative significance of each liquidation cluster in relation to the adjacent liquidation clusters, that is, intensity. Therefore, the liquidation chart shows the extent to which the asset price reaching a certain level will be influenced. A higher "liquidation bar" indicates that the price reaching that level will trigger a more intense reaction due to a liquidity cascade.