If Bitcoin surpasses $105,000, the mainstream CEX's total short liquidation volume will reach 7.13 billion.

BlockBeats News, May 18th, according to Coinglass data, if Bitcoin breaks through $105,000, the cumulative short liquidation intensity of mainstream CEX will reach 7.13 billion.

On the other hand, if Bitcoin falls below $102,000, the cumulative long liquidation intensity of mainstream CEX will reach 7.04 billion.

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

Therefore, the liquidation chart shows to what extent the price of the underlying asset will be affected when it reaches a certain position. A higher "liquidation bar" indicates that the price will have a more intense reaction due to a liquidity cascade when it reaches that level.