If Bitcoin falls below $82,000, the mainstream CEX long liquidation volume will reach $1.285 billion

On November 22nd, according to Coinglass data, in the event that Bitcoin drops below $82,000, the cumulative intensity of long liquidation on mainstream CEXs will reach $1.285 billion. Conversely, if Bitcoin breaks through $86,000, the cumulative intensity of short liquidation on mainstream CEXs will reach $760 million. BlockBeats Note: The liquidation chart does not display the exact number of contracts awaiting liquidation or the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the relative significance of each liquidation cluster in relation to the adjacent clusters, that is, the intensity. Therefore, the liquidation chart shows to what extent the price of an asset will be impacted when it reaches a particular level. A higher "liquidation bar" indicates that once the price reaches that level, it will trigger a more intense response due to a liquidity avalanche.