If Bitcoin breaks $89,000, the mainstream CEX total short liquidation volume will reach $1.097 billion

On November 26th, based on Coinglass data, if Bitcoin surges above $89,000, the cumulative short liquidation intensity on mainstream CEXs will reach $1.097 billion. Conversely, if Bitcoin drops below $85,000, the cumulative long liquidation intensity on mainstream CEXs will reach $816 million. BlockBeats Note: The liquidation chart does not present the exact number of contracts to be liquidated or the precise value of contracts being liquidated. The bars on the liquidation chart actually demonstrate the significance of each liquidation cluster in relation to adjacent clusters, that is, intensity. Therefore, the liquidation chart shows the extent to which the price of the underlying asset will be influenced when it reaches a specific level. A higher "liquidation bar" indicates that when the price reaches that level, a more intense reaction will occur due to a liquidity cascade.