If Bitcoin breaks $114,000, the mainstream CEX cumulative short liquidation intensity will reach $1.389 billion.

BlockBeats News, July 10th, according to Coinglass data, if Bitcoin breaks above $114,000, the cumulative short liquidation intensity of mainstream CEXs will reach $1.389 billion.

On the other hand, if Bitcoin falls below $108,500, the cumulative long liquidation intensity of mainstream CEXs will reach $1.994 billion.

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 liquidation clusters, i.e., intensity.

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