If Bitcoin breaks $110,000, the mainstream CEX cumulative short liquidation pressure will reach $156 million.

#LiquidationData #ShortMaestro #LONG✅

On July 6th, according to Coinglass data, if Bitcoin manages to break through $110,000, the cumulative short liquidation intensity on mainstream CEXs will reach 156 million. Conversely, if Bitcoin drops below $107,000, the cumulative long liquidation intensity on mainstream CEXs will reach 97.07 million. BlockBeats Notes: The liquidation chart does not provide the exact number of contracts to be liquidated or the exact value of the contracts to be liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to adjacent liquidation clusters, that is, the intensity. Therefore, the liquidation chart shows to what extent the target price will be influenced when it reaches a certain level. A higher "liquidation bar" indicates that the price will have a more intense response due to a surge in liquidity when it reaches that level.