If Bitcoin drops below $101,000, the mainstream CEX long liquidation volume will reach $934 million.

BlockBeats News, May 13th, according to Coinglass data, if Bitcoin falls below $101,000, the cumulative long liquidation intensity of mainstream CEXs will reach $934 million.

Conversely, if Bitcoin breaks above $104,000, the cumulative short liquidation intensity of mainstream CEXs will reach $915 million.

BlockBeats Note: The liquidation chart does not precisely show the number of contracts awaiting liquidation or the exact value of contracts being liquidated. The bars on the liquidation chart actually display 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 when reached. A higher "liquidation bar" indicates that the price, when reached, will experience a more intense reaction due to a liquidity cascade.