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If Bitcoin drops below $83,000, the mainstream CEX long liquidation volume will reach 837 million.

2025.04.20 18:08:17

On April 20th, according to Coinglass data, if Bitcoin drops beneath $83,000, the cumulative long liquidation intensity on major CEXs will amount to $837 million. Conversely, if Bitcoin climbs above $86,000, the cumulative short liquidation intensity on major CEXs will reach $357 million. BlockBeats Note: The liquidation chart does not disclose the exact number of contracts to be liquidated or the precise value of the contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to adjacent liquidation clusters, that is, intensity. Therefore, the liquidation chart shows the extent to which the underlying price will be influenced when it attains a certain level. A higher "liquidation bar" indicates that when the price reaches that level, it will experience a more intense reaction due to a liquidity cascade.
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