📊 According to Coinglass data, if Bitcoin exceeds $114,000, the cumulative liquidation intensity of short orders on major CEXs will reach $956 million. Conversely, if Bitcoin falls below $110,000, the cumulative liquidation intensity of long orders on major CEXs will reach $2.4 billion. Note from BlockBeats: the liquidation chart does not show the exact number of contracts to be liquidated, nor the exact value of liquidated contracts. The bars on the liquidation chart actually show the relative importance of each liquidation group compared to neighboring liquidation groups, that is, the intensity.
