BlockBeats News, January 16th, according to Coinglass data, if Bitcoin falls below $94,000, the cumulative long liquidation strength of mainstream CEXs will reach 263 million.On the other hand, if Bitcoin surpasses $97,000, the cumulative short liquidation strength of mainstream CEXs will reach $97.5681 million.BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of the contracts to be liquidated. The bars on the liquidation chart actually show the importance of each liquidation cluster relative to neighboring liquidation clusters, that is, the strength.Therefore, the liquidation chart shows to what extent the price of the underlying asset will be affected when it reaches a certain level. A higher "liquidation bar" indicates that the price will experience a more intense reaction due to a liquidity cascade.
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If Bitcoin drops below $94,000, the mainstream CEX long liquidation pressure will reach 263 million.
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