ChainCatcher message, according to Coinglass data, if Bitcoin falls below 110,000 USD, the cumulative long liquidation intensity of mainstream CEX will reach 1.33 billion. Conversely, if Bitcoin breaks above 114,000 USD, the cumulative short liquidation intensity of mainstream CEX will reach 1.192 billion.

Note: The liquidation chart does not display the exact number of contracts pending liquidation or the exact value of contracts being liquidated. The columns on the liquidation chart actually show the importance of each liquidation cluster relative to nearby liquidation clusters, i.e., intensity. Therefore, the liquidation chart shows how much impact will occur when the underlying price reaches a certain position. A higher "liquidation column" indicates that once the price reaches that point, there will be a stronger reaction due to liquidity waves.