Bitcoin faces a liquidation cluster of over 1 billion USD if it surpasses 115,000 USD
According to Coinglass data, if Bitcoin exceeds 115,000 USD, CEX exchanges will witness a short liquidation intensity of up to 1.049 billion USD.
Conversely, if BTC drops below 112,000 USD, the long liquidation intensity will reach approximately 209 million USD.
📊 BlockBeats emphasizes: the liquidation chart reflects the intensity and significance of the liquidation clusters rather than accurately representing the number of contracts. The higher the column → the stronger the liquidity pressure when the price hits that mark. $BTC