If Bitcoin drops below $65,000, the mainstream CEX long liquidation volume will reach $1.143 billion.

BlockBeats News, April 3rd, according to Coinglass data, if Bitcoin falls below $65,000, the cumulative long liquidation intensity of mainstream CEXs will reach $1.143 billion.

Conversely, if Bitcoin surpasses $68,000, the cumulative short liquidation intensity of mainstream CEXs will reach $754 million.

BlockBeats Note: The liquidation chart does not display the precise number of contracts to be liquidated or the precise value of contracts being liquidated. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to neighboring liquidation clusters, i.e., intensity.

Therefore, the liquidation chart shows to what extent reaching a certain price level will have an impact. A higher "liquidation bar" indicates that the price reaching that level will trigger a more intense reaction due to a liquidity cascade.