If Bitcoin falls below $103,000, the mainstream CEX long liquidation volume will reach $944 million.

BlockBeats News, May 19th, according to Coinglass data, if Bitcoin falls below $103,000, the cumulative long liquidation intensity of mainstream CEXs will reach $944 million.

On the contrary, if Bitcoin exceeds $105,000, the cumulative short liquidation intensity of mainstream CEXs will reach $475 million.

BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of contracts to be liquidated. The bars on the liquidation chart actually show the relative importance of each liquidation cluster to the 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 level. A higher "liquidation bar" indicates that the price will have a stronger response due to a liquidity cascade when it reaches that level.