According to ChainCatcher, based on Coinglass data, if Bitcoin breaks through $114,000, the cumulative short liquidation intensity of mainstream CEXs will reach $956 million.
Conversely, if Bitcoin falls below $110,000, the cumulative long liquidation intensity of mainstream CEXs will reach $2.4 billion.
ChainCatcher Note: The liquidation chart does not show the precise number of contracts to be liquidated or the exact value of liquidated contracts. The bars on the liquidation chart actually represent the relative importance, or intensity, of each liquidation cluster compared to nearby clusters.
