Bitcoin price volatility may trigger changes in mainstream CEX liquidation intensity

According to BlockBeats, on June 29, Coinglass data shows that if Bitcoin breaks through $109,000, the cumulative short liquidation intensity on major CEX will reach $624 million. If Bitcoin falls below $107,000, the cumulative long liquidation intensity on major CEX will be $63.0787 million. BlockBeats note: The liquidation chart illustrates the degree of impact when the price reaches a certain level, with a higher liquidation bar indicating a stronger liquidity response after price fluctuations.