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If BTC falls below $96,000, the cumulative long order liquidation intensity of mainstream CEX will reach 352 million
On December 9, according to Coinglass data, if BTC falls below $96,000, the cumulative long order liquidation strength of mainstream CEXs will reach 352 million. On the contrary, if BTC exceeds $100,000, the cumulative short order liquidation strength of mainstream CEXs will reach 140 million. BlockBeats Note: The liquidation chart is not intended to show the exact number of contracts to be liquidated, or the exact value of the contracts being liquidated. The bars on the liquidation chart show the importance of each liquidation cluster relative to its proximity, i.e., its strength. Therefore, the liquidation chart shows the extent to which the underlying price will be affected when it reaches a certain position. A higher "liquidation bar" indicates that the price will react more strongly to the Liquidity wave when it arrives.