If Bitcoin surpasses $94,000, the mainstream CEX cumulative short liquidation intensity will reach 5.78 billion.

On Dec. 9, Coinglass data shows that if Bitcoin breaks above $94k, cumulative short liquidations across mainstream centralized exchanges (CEXs) will hit $578 million. Conversely, a drop below $90k would trigger $458 million in cumulative long liquidations for those same CEXs. BlockBeats Note: The liquidation chart does not display the exact number of contracts to be liquidated or their precise value. Instead, the bars on the chart reflect the relative importance of each liquidation cluster compared to neighboring clusters — i.e., "intensity." As such, the chart illustrates how strongly the underlying asset’s price will react when it hits a specific level. A taller "liquidation bar" means the price reaching that level will spark a more intense response due to a liquidity cascade.