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If Bitcoin drops below $110,000, the cumulative long liquidation pressure of mainstream CEXs will reach $1.132 billion.
BlockBeats News, September 10th, according to Coinglass data, if Bitcoin falls below $110,000, the cumulative long liquidation intensity of mainstream CEXs will reach $1.132 billion.
Conversely, if Bitcoin surpasses $113,000, the cumulative short liquidation intensity of mainstream CEXs will reach $832 million.
BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of the liquidated contracts. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to neighboring liquidation clusters, i.e., the intensity.
Therefore, the liquidation chart shows to what extent the target price will be affected when it reaches a certain point. Higher "liquidation bars" indicate that the price reaching that level will experience a more intense reaction due to a liquidity cascade.
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