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If Bitcoin surpasses $115,000, the mainstream CEX cumulative short liquidation pressure will reach 839 million.
BlockBeats News, September 11th, according to Coinglass data, if Bitcoin breaks through $115,000, the cumulative short liquidation intensity of mainstream CEXs will reach $839 million.
Conversely, if Bitcoin falls below $112,000, the cumulative long liquidation intensity of mainstream CEXs will reach $1.059 billion.
BlockBeats Note: The liquidation chart does not precisely show the number of contracts awaiting liquidation or the precise value of contracts being liquidated. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to adjacent clusters, known as 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, when reached, will experience a more intense reaction due to a liquidity cascade.
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