🗞️ If Bitcoin exceeds 110,000 dollars, the intensity of cumulative liquidation of short orders on the main CEXs will reach 156 million. Conversely, if Bitcoin falls below 107,000 dollars, the intensity of cumulative liquidation of long orders on the main CEXs will reach 97.07 million. Note from BlockBeats: the liquidation chart does not show the exact number of contracts pending liquidation, nor the exact value of liquidated contracts. The bars on the liquidation chart actually indicate the relative importance of each liquidation group compared to neighboring liquidation groups, meaning the intensity. Thus, the liquidation chart shows how much the reference price will be affected when it reaches a certain level. A higher "liquidation bar" indicates that once this price is reached, there will be a stronger reaction due to a wave of liquidity.
$BTC
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