If Bitcoin falls below $90,000, the total liquidation strength of mainstream CEX long positions will reach 540 million

BlockBeats news, on November 19th, according to Coinglass data, if Bitcoin falls below $90,000, the cumulative liquidation strength of mainstream CEX long positions will reach $540 million.

Conversely, if Bitcoin breaks through $93,000, the cumulative liquidation strength of mainstream CEX short positions will reach $1.605 billion.

BlockBeats note: The liquidation chart does not show the exact number of contracts to be liquidated or the precise value of futures being liquidated. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to nearby clusters - that is their intensity.

Therefore, what a liquidation chart shows is how much impact there would be when an underlying price reaches a certain level. A higher "liquidation bar" indicates that once prices hit this level it could trigger more intense reactions due to liquidity waves.