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If Bitcoin breaks $112,000, the mainstream CEX total short liquidation volume will reach $973 million.
BlockBeats News, September 2nd, according to Coinglass data, if Bitcoin breaks through $112,000, the cumulative short liquidation intensity of mainstream CEX will reach $973 million.
Conversely, if Bitcoin falls below $108,000, the cumulative long liquidation intensity of mainstream CEX will reach $773 million.
BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to adjacent liquidation clusters, i.e., intensity.
Therefore, the liquidation chart shows to what extent the asset price will be affected when it reaches a certain level. Higher "liquidation bars" indicate that the price will experience a more intense reaction due to a liquidity surge.
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