If Bitcoin surpasses $110,000, the mainstream CEX's total short position liquidation volume will reach 605 million.

BlockBeats News, July 3rd, according to Coinglass data, if Bitcoin breaks through $110,000, the cumulative short liquidation intensity of mainstream CEX will reach 605 million.

Conversely, if Bitcoin falls below $108,000, the cumulative long liquidation intensity of mainstream CEX will reach 858 million.

BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of contracts being liquidated. The bars on the liquidation chart actually show the relative importance of each liquidation cluster to neighboring liquidation clusters, that is, 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 have a more intense reaction due to a liquidity wave.