If Bitcoin drops below $107,000, the mainstream CEX long liquidation pressure will reach 707 million.

BlockBeats News, September 1st, according to Coinglass data, if Bitcoin falls below $107,000, the cumulative long liquidation intensity on mainstream CEXes will reach $707 million.

Conversely, if Bitcoin surpasses $110,000, the cumulative short liquidation intensity on mainstream CEXes will only be $884 million.

BlockBeats Note: The liquidation chart does not accurately display the precise number of contracts to be liquidated or the precise value of contracts being liquidated. The bars on the liquidation chart actually show the relative importance of each liquidation cluster to adjacent liquidation clusters, that is, intensity.

Therefore, the liquidation chart illustrates 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, when reached, will experience a more intense reaction due to a liquidity cascade.