BlockBeats news, on May 26, according to Coinglass data, if Bitcoin breaks above $80,000, the cumulative liquidation intensity of long positions on major CEXs will reach $777 million.
Conversely, if Bitcoin falls below $76,000, the cumulative long liquidation pressure on major CEXs will reach $634 million.
BlockBeats Note: The liquidation chart does not display the exact number of contracts pending liquidation or the exact value of liquidated contracts. The bars on the liquidation chart represent the relative intensity of each liquidation cluster compared to neighboring clusters.
Therefore, the liquidation chart shows how significantly the price will be affected when it reaches a certain level. Higher "liquidation bars" indicate that the price will trigger a stronger reaction due to a wave of liquidity once it reaches that level.

