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According to BlockBeats news on April 11, data from Coinglass indicates that if Bitcoin rises and breaks through 81,000 USD, the cumulative short order liquidation intensity on mainstream CEX will reach 1.184 billion.
Conversely, if Bitcoin falls below $78,000, the cumulative long order liquidation intensity on mainstream CEX will reach $1.027 billion.
BlockBeats Note: The liquidation chart does not show the precise number of contracts pending liquidation, nor the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the importance, or intensity, of each liquidation cluster relative to nearby liquidation clusters.
Therefore, the liquidation chart shows to what extent the underlying price will be affected when it reaches a certain position. A higher "liquidation column" indicates that once the price reaches that point, it will trigger a stronger reaction due to the wave of liquidity. #BTC #PI