ChainCatcher message, if Bitcoin breaks through 114,000 USD, the cumulative short liquidation intensity of mainstream CEX will reach 1.226 billion. Conversely, if Bitcoin drops below 110,000 USD, the cumulative long liquidation intensity of mainstream CEX will reach 1.603 billion.

Note: The liquidation chart does not display the exact number of contracts pending liquidation or the exact value of contracts being liquidated. The bars on the liquidation chart actually show the relative importance of each liquidation cluster to nearby liquidation clusters, i.e., intensity. Therefore, the liquidation chart demonstrates to what extent the underlying price reaching a certain position will be affected. A higher "liquidation bar" indicates that once the price reaches that point, it will generate a stronger reaction due to a wave of liquidity.