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According to a report by Jinse Finance on May 5, citing data from Coinglass, if Bitcoin surpasses $82,000, the cumulative short position liquidation intensity on major CEXs will reach $590 million. Conversely, if Bitcoin falls below $78,000, the cumulative long position liquidation intensity on major CEXs will reach $2.048 billion.

On May 5, according to data from Bitget, US crypto stocks experienced a widespread surge, with Circle (CRCL) jumping nearly 20% in one day, possibly influenced by the finalization of stablecoin yield rules under the CLARITY Act. Among the notable movements: an exchange rose 6.14%, Circle (CRCL) surged 19.83%, Strategy (MSTR) increased by 3.76%, Bitmine (BMNR) gained 4.17%, SharpLink Gaming (SBET) went up 3.84%, Bit Digital (BTBT) climbed 7.01%, while American Bitcoin (ABTC) fell 3.36% and Kindly MD (NAKA) dropped 3.73%. Solana Co (HSDT) saw a rise of 1.89%.

BlockBeats news, on May 5, according to Coinglass data, if Bitcoin breaks through $82,000, the aggregated short position liquidation intensity across major CEX will reach $590 million. Conversely, if Bitcoin falls below $78,000, the aggregated long position liquidation intensity across major CEX will reach $2.048 billion. BlockBeats note: The liquidation chart does not show the exact number of contracts pending liquidation or their precise value. The bars on the chart actually represent the relative importance or intensity of each liquidation cluster compared to neighboring clusters. Therefore, the liquidation chart illustrates to what extent the underlying price reaching a certain level will be impacted. Higher "liquidation bars" indicate that once the price arrives at that point, there will be a stronger reaction caused by liquidity waves.