If Bitcoin breaks $115,000, the cumulative short liquidation intensity of mainstream CEXs will reach $1.122 billion

BlockBeats news, on August 20, according to Coinglass data, if the Bitcoin price breaks $115,000, the cumulative short liquidation intensity of mainstream centralized exchanges (CEX) is expected to reach $1.122 billion.

On the other hand, if Bitcoin falls below $112,000, the cumulative long liquidation intensity of mainstream CEXs will reach $882 million.

BlockBeats note: The liquidation chart does not display the exact number of contracts waiting to be liquidated or the value of liquidated contracts, but presents the importance of each liquidation cluster relative to nearby liquidation clusters in the form of a bar chart, that is, "liquidation intensity." A higher bar indicates that the price area may trigger a stronger market response, reflecting the extent of liquidity waves' impact on prices.#加密市场回调 #BTC