If Bitcoin surpasses $110,000, the mainstream CEX cumulative short liquidation volume will reach $996 million.

BlockBeats News, July 8th, according to Coinglass data, if Bitcoin breaks above $110,000, the mainstream CEX cumulative short liquidation intensity will reach $996 million.

On the other hand, if Bitcoin falls below $106,000, the mainstream CEX cumulative long liquidation intensity will reach $1.309 billion.

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

Therefore, the liquidation chart shows to what extent the target price will be affected by reaching a certain level. Higher "liquidation bars" indicate that the price will experience a more intense reaction due to a liquidity cascade once it reaches that level.