BlockBeats News, September 25th, according to Coinglass data, if Bitcoin falls below $110,000, the cumulative long liquidation intensity of mainstream CEX exchanges will reach $998 million.
Conversely, if Bitcoin surpasses $114,000, the cumulative short liquidation intensity of mainstream CEX exchanges will be $864 million.
BlockBeats Note: The liquidation chart does not display the exact number of contracts to be liquidated or the precise value of contracts being liquidated. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to neighboring liquidation clusters, i.e., intensity.
Therefore, the liquidation chart shows to what extent the target price will be affected when it reaches a certain level. A higher “liquidation bar” indicates that the price will experience a more intense reaction due to a liquidity cascade when it reaches that point.
