Bitcoin price fluctuations may trigger over $1 billion in liquidations

According to BlockBeats, on July 14, Coinglass data showed that if Bitcoin breaks through $121,000, the cumulative short order liquidation strength of mainstream CEX will reach 1.061 billion. If Bitcoin falls below $118,000, the cumulative long order liquidation strength of mainstream CEX will be 669 million. BlockBeats Note: The liquidation chart shows the importance of the liquidation cluster, not the exact number or value of contracts. A higher liquidation column indicates that price changes will trigger a stronger market reaction.