On May 2, according to Coinglass data, if Bitcoin breaks through 100,000 USD, the cumulative short liquidation intensity on mainstream CEXs will reach 2.521 billion.

Conversely, if Bitcoin drops below 94,000 USD, the cumulative long liquidation intensity on mainstream CEXs will reach 2.7 billion.

BlockBeats note: The liquidation chart does not show the exact number of contracts awaiting liquidation or the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to nearby liquidation clusters, that is, the intensity.

Therefore, the liquidation chart shows the extent to which the underlying price reaching a certain level will be affected. Higher "liquidation bars" indicate that once the price reaches that point, it will generate a stronger reaction due to liquidity waves. #BTC