On September 20th, according to Coinglass data, if Bitcoin breaks through $65,000, the cumulative short liquidation intensity of mainstream CEXs will reach $254 million.

Conversely, if Bitcoin falls below $60,000, the cumulative long liquidation intensity of mainstream CEXs will reach $755 million.

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

Therefore, the liquidation chart shows to what extent the target price will be affected when it reaches a certain level. A higher "liquidation bar" indicates that the price will generate a stronger response due to the liquidity wave when it reaches that level.