Jan. 12 — Per Coinglass data, Bitcoin surpassing the $93,000 mark would trigger a cumulative short liquidation intensity of 352 million across major centralized exchanges (CEXs). Conversely, a drop below $90,000 would lead to a cumulative long liquidation intensity of 637 million for those same CEXs. BlockBeats Note: Liquidation charts do not show the exact number or value of contracts being liquidated. Instead, the bars represent each liquidation cluster’s relative importance compared to neighboring clusters — i.e., its intensity. A higher bar signals a more pronounced market reaction when Bitcoin hits that price level, driven by a liquidity cascade.
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