If Bitcoin drops below $87,000, the mainstream CEX's aggregated long liquidation pressure will reach $491 million

December 7th (per Coinglass data) If Bitcoin drops below $87,000, cumulative long liquidation intensity across major centralized exchanges (CEXs) will hit $491 million. Conversely, a breakout above $91,000 would trigger cumulative short liquidation intensity of $866 million for top CEXs. BlockBeats Note: Liquidation charts do not precisely show the number of contracts pending liquidation or their exact value. The bars on these charts instead reflect the relative significance of each liquidation cluster compared to its neighbors — this is what’s defined as "intensity." In short, the chart illustrates how impactful reaching a specific price level will be: a taller bar signals a more intense reaction (driven by a liquidity cascade) once price hits that threshold.