If Bitcoin falls below $91,000, the total liquidation intensity of long positions on major CEXs will reach $383 million.
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TL;DR
If Bitcoin drops below $91,000, long positions on major CEXs could face $383 million in liquidations. Conversely, a rise above $94,000 might trigger $517 million in short position liquidations, with the chart indicating potential price impact levels.
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BitcoinLayer 1Halving TokensCoinGlassliquidationCEXprice levelstrading risk
According to Mars Finance, Coinglass data indicates that if Bitcoin falls below $91,000, the cumulative liquidation intensity of long positions on major CEXs will reach $383 million. Conversely, if Bitcoin breaks through $94,000, the cumulative liquidation intensity of short positions on major CEXs will reach $517 million. **Liquidation Chart Note:** The liquidation chart does not show the exact number of contracts pending liquidation or the exact value of contracts being liquidated. The bars on the liquidation chart represent the importance of each liquidation cluster relative to its neighboring clusters, i.e., its strength. Therefore, the liquidation chart shows the extent to which a price level will be affected. Higher "liquidation bars" indicate a stronger reaction to the price movement due to liquidity surges.