On May 22, according to Coinglass data, if Bitcoin breaks through $112,000, the cumulative short liquidation intensity of mainstream CEXreach1.371 billion.
Conversely, if Bitcoin falls to $107,689, the cumulative long liquidation intensity of mainstream CEXs will reach.$1.664 billion.
BlockBeats 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 of each liquidation cluster compared to nearby clusters, which is the intensity.liquidchart shows the the be affected affected when the underlying price reaches a certain position. A higher "liquidation bar" indicates that when the price reaches that point, it will generate a more intense reaction due to the liquidity wave.
