If Bitcoin breaks $119,000, the mainstream CEX total short liquidation volume will reach $1.326 billion

BlockBeats News, September 18th, according to Coinglass data, if Bitcoin breaks through $119,000, the cumulative short liquidation intensity of mainstream CEX will reach $1.326 billion.

Conversely, if Bitcoin falls below $115,000, the cumulative long liquidation intensity of mainstream CEX will reach $1.226 billion.

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 represent the importance of each liquidation cluster relative to neighboring clusters, that is, the intensity.

Therefore, the liquidation chart shows to what extent the target price will be affected when it reaches a certain position. Higher "liquidation bars" indicate that the price, when reached, will have a more pronounced reaction due to a liquidity surge.