If Bitcoin surpasses $110,000, the mainstream CEX's total short liquidation volume will reach $1.51 billion.

BlockBeats News, October 31st, according to Coinglass data, if Bitcoin rises above $110,000, the total liquidation intensity of mainstream CEX short positions will reach $1.51 billion.

Conversely, if Bitcoin falls below $106,000, the total liquidation intensity of mainstream CEX long positions will reach $636 million.

BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of contracts to be liquidated. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to neighboring liquidation clusters, that is, the intensity.

Therefore, the liquidation chart shows to what extent the price of the underlying asset will be affected when it reaches a certain level. A higher "liquidation bar" indicates that the price will have a more intense reaction due to a liquidity shock once it reaches that level.