If Bitcoin surpasses $108,000, the mainstream CEX cumulative short liquidation pressure will reach 656 million.

BlockBeats News, May 20th, according to Coinglass data, if Bitcoin breaks through $10.8K, the cumulative short liquidation intensity of mainstream CEXs will reach $656 million.

Conversely, if Bitcoin falls below $10.4K, the cumulative long liquidation intensity of mainstream CEXs will reach $432 million.

BlockBeats Note: The liquidation chart does not show the exact number of contracts awaiting liquidation 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 ones, i.e., intensity.

Therefore, the liquidation chart shows to what extent the asset price reaching a certain level will be affected. A higher "liquidation bar" indicates that the price reaching that level will trigger a more intense reaction due to a liquidity cascade.